Cullmann, Astrid; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2013
Expenditures devoted to research and development (R&D) are scarce and thus need to be used as efficiently as possible given the financial constraints countries are facing. This paper assesses the relative efficiency of R&D expenditures for 26 OECD member countries and 2 non-member countries. As...