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- W2556675203 abstract "During the last couple of decades private sector expenditure related to research and development activities has generally increased relatively fast in most industrialized countries. Both theoretical arguments and empirical evidence can be put forward in favor of an increasing flow of resources directed towards R&D activities as the impact on productivity is found to be positive. In the present study data from the Danish economy is used to further analyse some empirical aspects of the relationship between total factor productivity and business sector R&D expenditure. A positive relationship between private sector R&D activity - measured as research expenditure relative to value -added production - and total factor productivity is detected and most likely, research effects show up with a two-period lag structure which also seems in accordance with a priori expectations." @default.
- W2556675203 created "2016-11-30" @default.
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- W2556675203 date "2000-01-01" @default.
- W2556675203 modified "2023-09-27" @default.
- W2556675203 title "The short-run impact of business sector R&D activities on total factor productivity Empirical evidence from the Danish economy" @default.
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