Economic Growth, Technology Trade and R&D
Daniel Toro González
Universidad Tecnológica de Bolívar (UTB); WSU
March 1, 2010
The present project is oriented to evaluate the performance of technological trade and research and development (R&D) expenditure, as a measure of productivity in explaining economic growth. Using data for OECD countries under a simple neoclassical growth model framework, the role of technology trade and investment in R&D is verified as an approximate measurement of productivity. In this case two thirds of total economic growth can be explained jointly by the introduction of these two variables in to the model specification together with human and capital accumulation.
Number of Pages in PDF File: 6
Keywords: Cross-country growth, Technology Trade, Research and Development
JEL Classification: E13, O47working papers series
Date posted: October 23, 2010
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo2 in 0.375 seconds