Lang, Günter (contributor) - 2002 - [Elektronische Ressource]
data of the German manufacturing industry is used to estimate a
variable cost function, with the stock of knowledge being …, 1986) is the result of slowing
growth in R&D expenditures, of lower yields from the stock of knowledge capital built
up by … knowledge
Following Griliches (1986), R&D expenditures are used to create a stock of knowl-
edge, which is assumed to be an …