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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 MamatzakisThis 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 EconomicsISSN
0269-2171Publisher
Taylor & FrancisExternal DOI
Issue
4Volume
24Page range
483-494Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-07-03Usage metrics
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