ten Raa, Thijs; Wolff, E.N. - Tilburg University, Center for Economic Research - 2000
There is good reason to believe that R&D influences on TFP growth in other sectors are indirect.For R&D to spill over …, it must first be successful in the home sector.Indeed, observed spillovers conform better to TFP growth than to R&D in … the upstream sectors.Sectoral TFP growth rates are thus interrelated.Solving the intersectoral TFP equation resolves …