Adams, James D; Sveikauskas, Leo - Census Bureau, Department of Commerce - 1993
science, R&D, and factor markets suggested by these studies. In our theory lagged science increases the returns to R&D, so … capital. Studies of high technology industries and recent labor studies agree in assigning a large role to science and … of events that is a crucial feature of our model, first from science to R&D, and later to output and factor markets. …