Zachariadis, Marios - In: Review of Development Economics 8 (2004) 3, pp. 423-439
The study uses aggregate and manufacturing sector data for a group of ten OECD countries for the period 1971 to 1995 to estimate a system of two equations implied by a model of R&D-induced growth in steady state. These equations relate R&D intensity to productivity growth and the latter to...