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especially important. Productivity and wages vary greatly within as well as between industries. In any industry, manufacturers …

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&D productivity and costs. Focusing on large R&D-performing firms in the chemical industry, an average-sized plant raises the firm’s R …&D productivity in the metropolitan area by about 2.5 times. The elasticity of R&D productivity with respect to the firm’s production … significant effect on R&D productivity in this sample. Other manufacturing industries exhibit similar results. My results cast …

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