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Title:Innovation, R&D efficiency and the impact of the regulatory environment: a two stage semi-parametric DEA approach PDF Logo
Authors:Cullmann, Astrid
Schmidt-Ehmcke, Jens
Zloczysti, Petra
Issue Date:2009
Series/Report no.:Discussion papers // German Institute for Economic Research 883
Abstract:This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. Resources allocated to R&D are limited and should therefore be used efficiently given the institutional and legal constraints. This paper presents efficiency scores based on an intertemporal frontier estimation for the period 1995 to 2004 and analyzes the impact of the regulatory environment using the single bootstrap procedure suggested by Simar and Wilson (2007). The empirical evidence supports the hypothesis that barriers to entry, aimed at reducing competition, lower research efficiency by attenuating the incentive to innovate and to allocate resources efficiently.
Subjects:R&D efficiency
data envelopment analysis
truncated regression
regulation
JEL:C14
C24
L50
O31
O57
Document Type:Working Paper
Appears in Collections:DIW-Diskussionspapiere
Publikationen von Forscherinnen und Forschern des DIW

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