R&D Productivity: A Survey of Econometric Studies at the Firm Level

36 Pages Posted: 14 Jul 2000 Last revised: 15 Jul 2010

See all articles by Jacques Mairesse

Jacques Mairesse

National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST); Maastricht University - United Nations and Maastricht Economic Research Institute on Innovation and Technology (UNU-MERIT); National Bureau of Economic Research (NBER)

Mohamed Sassenou

Caisse des Depots et Consignations

Date Written: March 1991

Abstract

This paper surveys econometric studies investigating the relationship between R&D and productivity at the firm level and assesses the results obtained so far and some of the problems encountered. The findings reviewed fall naturally into three major categories: based on the cross-sectional or time-series dimensions of the data and specified in terms of the elasticity of R&D or the rate of return to R&D. In view of the problems involved in modeling the effects of R&D on productivity and in measuring the appropriate variables, it is an agreeable surprise that most studies have managed to produce statistically significant and frequently plausible estimates. However, many of the current studies are not fully comparable and their results still leave much to be desired. The task of achieving progress is an arduous one.

Suggested Citation

Mairesse, Jacques and Sassenou, Mohamed, R&D Productivity: A Survey of Econometric Studies at the Firm Level (March 1991). NBER Working Paper No. w3666. Available at SSRN: https://ssrn.com/abstract=227437

Jacques Mairesse (Contact Author)

National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST) ( email )

15 Boulevard Gabriel Peri
Malakoff Cedex, 1 92245
France

Maastricht University - United Nations and Maastricht Economic Research Institute on Innovation and Technology (UNU-MERIT)

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Netherlands

National Bureau of Economic Research (NBER)

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United States

Mohamed Sassenou

Caisse des Depots et Consignations

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75007 Paris, FRANCE

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