Levy, David M.; Terleckyj, Nestor E. - In: Bell Journal of Economics 14 (1983) 2, pp. 551-561
This article examines the effects of different government expenditures for R&D on private R&D spending and on private sector productivity. Results are consistent with the hypothesis that $1.00 of government contract R&D performed in industry induced about $.27 of private R&D expenditure. Weak...
