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(TFP), and has higher internal rates of return than private R&D changes and therefore could speed up Japan's growth; (ii …
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We analyze the dynamic interaction of mission-oriented R&D expenditure stocks with domestic and foreign private and public R&D, total-factor-productivity (TFP), and gross domestic product (GDP) for seven EU countries. We use the vector-error-correction method. Permanent changes on...
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(TFP), and has higher internal rates of return than private R&D changes and therefore could speed up Japan's growth; (ii …
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