Cappelen, Ådne; Mohnen, Pierre A.; Raknerud, Arvid; … - 2023
endogeneity of production decisions, heterogeneity of R&D elasticities, and asymmetric treatment of intramural and extramural R&D … range 0-5 percent across a variety of model specifications if we treat intra- and extramural R&D symmetrically. If in … compliance with the Frascati manual, we treat intramural R&D as investment and extramural R&D as intermediate input, the …