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Engines of growth in the US economy

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Engines of growthin the US economy

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Engines of Growth in the U.S. Economy

ten Raa, Thijs; Wolff, Edward N. - 2015

There is good reason to believe that R&D influences on TFP growth in other sectors are indirect. For R&D to spill over, it must first be successful in the home sector. Indeed, observed spillovers conform better to TFP growth than to R&D in the upstream sectors. Sectoral TFP growth rates are thus...

Persistent link: https://www.econbiz.de/10014145003