Sveikauskas, Leo - Bureau of Labor Statistics, Department of Labor - 2007
accounts. The main conclusions are: 1. Measures of R&D as an asset held by a particular owner must be complemented by estimates … of the spillover effect of R&D in order to obtain a reliable measure of the overall effect of R&D on productivity growth … counting occurs and growth accounting analysis overstates the role of research relative to other factors. 3. The overall rate …