Madsen, Jakob B.; Saxena, Shishir; Ang, James B. - Department of Econometrics and Business Statistics, … - 2009
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 also examines the extent to which growth in India can be explained by R&D activity, international R&D...