Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/82093
Authors: 
Madsen, Jakob B.
Year of Publication: 
2006
Series/Report no.: 
EPRU Working Paper Series 2006-05
Abstract: 
Semi-endogenous models and, to some extent, also Schumpeterian models are based on the assumption of diminishing returns to R&D. This paper shows that the null hypothesis of constant returns to R&D cannot be rejected for the OECD countries.
Subjects: 
returns to R&D
endogenous growth theory
JEL: 
O3
O4
Document Type: 
Working Paper

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