Madsen, Jakob B.; Saxena, Shishir; Ang, James B. - In: Journal of Development Economics 93 (2010) 1, pp. 37-48
Using over half a century of R&D data for India, this paper tests whether the second-generation endogenous growth theories are consistent with India's growth experience. Furthermore, the paper examines the extent to which growth in India can be explained by R&D activity, international R&D...