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Title: | Beyond the R&D effects on innovation: the contribution of non-R&D activities to TFP growth in the EU |
Author: | López-Rodríguez, Jesús Martínez López, Diego |
Keywords: | Recerca industrial Productivitat Despesa pública Industrial research Productivity Public expenditures |
Issue Date: | 2014 |
Publisher: | Institut d’Economia de Barcelona |
Series/Report no: | [WP E-IEB14/16] |
Abstract: | A significant part of the innovation efforts carried out across very heterogeneous economies in Europe is under the form of Non-R&D innovation activities. But the traditional macro approach to the determinants of TFP does not handle this issue appropiately. This paper has proposed and estimated an augmented macro-theoretical model to the determinants of total factor productivity (TFP) by jointly considering the effects of R&D endowments and the impact of Non-R&D innovation activities on …firms´ levels of productivity. The estimation of the model for a sample of EU26 countries covering the period 2004-2008 shows that the distinction between R&D and Non-R&D endowments really matters for a number of different issues. First, the results show a sizable differential impact of these endowments on TFP growth, being the impact of R&D twice as big as the impact of Non-R&D. Second, absorptive capacity is only linked to R&D endowments. And third, the two types of endowments cannot strictly been seen as complements at least for the case of countries with high R&D intensities or high Non-R&D intensities. |
Note: | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
It is part of: | IEB Working Paper 2014/16 |
URI: | http://hdl.handle.net/2445/115527 |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
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File | Description | Size | Format | |
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IEB14-16_LopezRodriguez.pdf | 1.14 MB | Adobe PDF | View/Open |
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