The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries
Abstract
Many writers have claimed that research and development (R&D) has two faces. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer (absorptive capacity). We explore this idea empirically using a panel of industries across twelve OECD countries. We find R&D to be statistically and economically important in both technological catch-up and innovation. Human capital also plays an major role in productivity growth, but we only find a small effect of trade. In failing to take account of R&D-based absorptive capacity, existing U.S.-based studies may underestimate the return to R&D.
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Cites
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
Technical Change and the Aggregate Production Function
Solow, R. M. (1957) · The Review of Economics and Statistics · doi:10.2307/1926047 · Cited by 12,259
Biases in dynamic models with fixed effects
Nickell, S. (1981) · Econometrica · doi:10.2307/1911408 · Cited by 8,735
Innovation and Learning: The Two Faces of R & D
Cohen, W. M., & Levinthal, D. A. (1989) · The Economic Journal · doi:10.2307/2233763 · Cited by 7,530
“A Model of Growth: Through Creative Destruction”
Aghion, P., & Howitt, P. (1992) · Econometrica · doi:10.2307/2951599 · Cited by 7,529
Estimating long-run relationships from dynamic heterogeneous panels
Pesaran, M. H., & Smith, R. (1995) · Journal of Econometrics · doi:10.1016/0304-4076(94)01644-f · Cited by 5,479
Measuring the Social Return to R&D
Jones, C. I., & Williams, J. C. (1998) · The Quarterly Journal of Economics · doi:10.1162/003355398555856 · Cited by 835
Cited by
International Technology Diffusion
Keller, W. (2004) · Journal of Economic Literature · doi:10.1257/0022051042177685 · Cited by 2,330
Education for Growth: Why and for Whom?
Krueger, A. B., & Lindahl, M. (2001) · Journal of Economic Literature · doi:10.1257/jel.39.4.1101 · Cited by 2,060
Distance to Frontier, Selection, and Economic Growth
Acemoglu, D., Aghion, P., & Zilibotti, F. (2006) · Journal of the European Economic Association · doi:10.1162/jeea.2006.4.1.37 · Cited by 1,507
The Effects of Entry on Incumbent Innovation and Productivity
Aghion, P., Blundell, R., Griffith, R., Howitt, P., & Prantl, S. (2009) · Review of Economics and Statistics · doi:10.1162/rest.91.1.20 · Cited by 1,071
Self-citationRubashkina, Y., Galeotti, M., & Verdolini, E. (2015) · Energy Policy · doi:10.1016/j.enpol.2015.02.014 · Cited by 1,041
Metadata
- Authors
- Griffith, R., Redding, S., & Reenen, J. V.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2004-11
- Volume
- 86
- Issue
- 4
- Pages
- 883-895
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2122595797
- Cited by
- 1,408
- References
- 8
- FWCI
- 72.70
- Type
- journal article
- Language
- en
- Open access
- closed
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