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Title:
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Beyond the R&D effects on innovation: the contribution of non-R&D activities to TFP growth in the EU
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Author:
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López-Rodríguez, Jesús; Martínez López, Diego
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Notes:
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A significant part of the innovation efforts carried out across very heterogeneous economies in Europe is under the form of Non-R&D innovation activities. But the traditional macro approach to the determinants of TFP does not handle this issue appropiately. This paper has proposed and estimated an augmented macro-theoretical model to the determinants of total factor productivity (TFP) by jointly considering the effects of R&D endowments and the impact of Non-R&D innovation activities on …firms´ levels of productivity. The estimation of the model for a sample of EU26 countries covering the period 2004-2008 shows that the distinction between R&D and Non-R&D endowments really matters for a number of different issues. First, the results show a sizable differential impact of these endowments on TFP growth, being the impact of R&D twice as big as the impact of Non-R&D. Second, absorptive capacity is only linked to R&D endowments. And third, the two types of endowments cannot strictly been seen as complements at least for the case of countries with high R&D intensities or high Non-R&D intensities. |
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Subject(s):
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-Recerca industrial
-Productivitat
-Despeses públiques
-Industrial research
-Productivity
-Public expenditures |
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Rights:
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cc-by-nc-nd, (c) López-Rodríguez et al., 2014
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
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Document type:
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Working Paper |
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Published by:
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Institut d’Economia de Barcelona
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