Luintel, Kul B.; Khan, Mosahid; Theodoridis, Konstantinos - 2010
We examine the robustness of R&D and productivity relationship in a panel of 16 OECD countries. We control for fifteen … productivity determinants predicted by different theoretical models. Following the advances in non-stationary panel data … specifications making them universal drivers of productivity across nations. Most other determinants are also significant …