Relating the Knowledge Production Function to Total Factor Productivity : An Endogenous Growth Puzzle

An Endogenous Growth Puzzle

Relating the Knowledge Production Function to Total Factor Productivity : An Endogenous Growth Puzzle
The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests there are two long-run cointegrating relationships. The first captures a long-run knowledge production... READ MORE...

Publication date: April 2005
ISBN 9781451860931
$15.00

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