@techreport{Luintel2008Heterogeneous,
abstract = {We examine the dynamics of ideas production and knowledge-productivity relationship in a panel of 19 OECD countries. A new data set of triadic patents is used. We rigorously address the issues of cross-country heterogeneity and endogeneity. Domestic and foreign ideas stocks exert positive but heterogeneous effects on ideas production. We find evidence of duplicate R&D but little support for endogenous growth. Countries with low domestic ideas bases could considerably improve productivity through ideas accumulation; however, this effect is modest for countries with sizeable ideas bases. An implication is that country-specific R&D policy appears potentially more effective than the one-size-fits-all approach.},
address = {Cardiff},
author = {Kul B. Luintel and Mosahid Khan},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F12; F2; O3; O4; C15; 330; Knowledge Stocks; Dynamic Heterogeneity; TFP; Methods of Moments; Forschungs- und Technologiepolitik; Erfindung; Produktivit\"{a}t; Wirtschaftswachstum; OECD-Staaten},
language = {eng},
number = {E2008/29},
publisher = {Cardiff Univ, Cardiff Business School, Economics Section},
title = {Heterogeneous ideas production and endogenous growth: An empirical investigation},
type = {Cardiff Economics Working Papers},
url = {http://hdl.handle.net/10419/65791},
year = {2008}
}
