Pérez, Patricio; Bengoa, Marta; Fernández, Adolfo C. - In: Journal of Applied Economics XIV (2011) November, pp. 343-361
We conduct an empirical application based on Coe and Helpman’s (1995) seminal work, in order to measure the elasticity of technical progress with respect to R&D capital for the G5 countries between 1971 and 2003. For this purpose, a series for technological capital is built for the 1990-2003...