Crespi G.A.; Tacsir E.; Vargas F. - United Nations University-Maastricht Economic Research … - 2014
in which RD spending, innovation, productivity, and per capita income mutually reinforce each other and lead to long … impact on total factor productivity. We pay special attention to whether there is heterogeneity in the effects of investments … in innovation on productivity and whether there is any evidence of spillovers that could guide policy design. We found …