Understanding the Efficiency of R&D Investments from the Aggregate Production Functions Perspective

The rapid growth in the last decades of the investments in research and development have generated an increased interest for assessing their contribution to economic growth. Researchers have tried to model the economic growth including also the technical progress – based on R&D expenditures- as an exogenous or endogenous factor in the aggregate production functions.

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Year of publication:	2011
Authors:	Zizi, Goschin ; Aniela-Raluca, Danciu
Published in:	Ovidius University Annals, Economic Sciences Series. - Facultatea de Ştiinţe Economice, ISSN 1582-9383. - Vol. XI.2011, 1, p. 846-849
Publisher:	Facultatea de Ştiinţe Economice
Subject:	investment \| technical progress \| R&D \| exogenous factors \| Cobb-Douglas production function

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Extent:	application/pdf
Type of publication:	Article
Classification:	O33 - Technological Change: Choices and Consequences; Diffusion Processes ; C21 - Cross-Sectional Models; Spatial Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010926005