Ziesemer, Thomas - In: Economies : open access journal 8 (2020) 4/77, pp. 1-25
We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and foreign private and public research and development (R&D) in vector-error-correction models (VECMs) for Japan with data from 1963-2017. Extensive testing leads to favoring a model...