R&D expenditure in G7 countries and implications for endogenous fluctuations and growth

Klaus Wälde; Ulrich Woitek

The literature on endogenous growth cycles predicts countercyclical R&D expenditure. Aggregate R&D expenditure in G7 countries from 1973 to 1997 seems to be procyclical. Implications for future theoretical research are discussed.

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Year of publication:	2003
Authors:	Wälde, Klaus ; Woitek, Ulrich
Publisher:	Dresden : Techn. Univ., Fak. Wirtschaftswiss.
Subject:	Cyclical Properties of R&D Expenditure \| Growth Cycles \| Forschungskosten \| Research expenditure \| Konjunktur \| Business cycle \| Endogenes Wachstumsmodell \| Endogenous growth model \| Schätzung \| Estimation \| G7-Staaten \| G7 countries \| 1973-1997

Extent:	Online-Ressource (8 S.) graph. Darst.
Series:	Dresden discussion paper series in economics. - Dresden : [Verlag nicht ermittelbar], ZDB-ID 2148053-9. - Vol. 3/03
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/48118 [Handle]
Classification:	C2 - Econometric Methods: Single Equation Models ; E32 - Business Fluctuations; Cycles ; O41 - One, Two, and Multisector Growth Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010506641