Marire, Juniours - In: Cogent Economics & Finance 11 (2023) 1, pp. 1-24
private sector to public sector R&D capital expenditure, and national total factor productivity. It employs South African data …-linearities in the relationship. The findings, first, suggest that the ratio of private sector to public sector R&D capital spending … has a positive effect on total factor productivity. Second, the structure of R&D capital spending has large asymmetric …