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The contribution of the publicly-funded R&D capital to productivity growth and an application to the Greek food and beverages industry

journal contribution
posted on 2023-06-08, 11:52 authored by Emmanuel Mamatzakis
This paper follows the dual-cost function methodology and develops a theoretical specification that assesses the contribution of public R&D capital to the productivity growth. The empirical application focuses on the Greek food and beverages industry. For this purpose it employs a micro-aggregated annual data set over the period 1976–2002. The regression analysis shows that publicly-funded R&D capital is a productive input as 8.7% and 7.3% of the total factor productivity growth in the food industry and in the beverages industry respectively is attributed to the publicly-funded R&D capital. The relationship between publicly-funded R&D and privately-purchased inputs is also examined.

History

Publication status

  • Published

Journal

International Review of Applied Economics

ISSN

0269-2171

Publisher

Taylor & Francis

Issue

4

Volume

24

Page range

483-494

Department affiliated with

  • Business and Management Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-07-03

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