57
Views
1
CrossRef citations to date
0
Altmetric
Original Articles

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

Pages 483-494 | Published online: 04 Aug 2010

References

  • Bernstein , J. and Nadiri , M. 1991 . “ Product demand, cost of production, spillovers, and the social rate of return to R&D ” . In NBER Working Paper, no. 3625
  • Blundell , R. , Griffith , R. and Van Reenen , J. 1999 . Market share, market value and innovation in a panel of British manufacturing firms . Review of Economic Studies , 66 : 529 – 54 .
  • Bonte , W. 2004 . Spillovers from publicly financed business R&D: Some empirical evidence from Germany . Research Policy , 33 : 1635 – 55 .
  • Cockburn , I. and Griliches , Z. 1987 . Industry effects and appropriability measures in the stock market’s valuation of R&D and patents . American Economic Review , 78 : 419 – 23 .
  • Christensen , L. , Jorgenson , D. and Lau , L. 1971 . Conjugate duality and the transcendental logarithmic production function . Econometrica , 39 : 28 – 45 .
  • David , P. , Hall , B. and Toole , A. 2000 . Is public R&D a complement or substitute for private R&D? A review of the econometric evidence . Research Policy , 29 : 497 – 529 .
  • ESYE, National Statistical Office of Greece . Annual employment survey . Athens : ESYE .
  • ESYE . Various years . Annual industrial survey , Athens : National Statistical Office of Greece . (in Greek)
  • ESYE . Various years . National accounts , Athens : National Statistical Office of Greece . (in Greek)
  • Griliches , Z. 1958 . Research costs and social returns: Hybrid corn and related innovations . Journal of Political Economy , 66 ( 5 ) : 419 – 31 .
  • Griliches , Z. and Jorgenson , D.W. 1967 . The explanation of productivity change . Review of Economic Studies , 34 ( 3 ) : 249 – 83 .
  • Griliches , Z. 1981 . Market value, R&D, and patents . Economic Letters , 7 : 183 – 87 .
  • Griliches , Z. 1986 . Productivity, R&D and basic research at the firm level in the 1970s . American Economic Review , 76 : 141 – 54 .
  • Griliches , Z. and Lichtenberg , F. 1984 . Interindustry technology flows and productivity growth: a re‐examination . The Review of Economics and Statistics , 67 : 324 – 29 .
  • Griliches , Z. and Mairesse , J. 1997 . “ Production functions: The search for identification ” . In Essays in honour of Ragner Frisch , Econometric Society Monograph Series Edited by: Strom , S. Cambridge : Cambridge University Press .
  • Hall , B.H. 1993 . The stock market valuation of R&D investment during the 1980s . American Economic Review , 83 : 259 – 64 .
  • Hall , B.H. , Griliches , Z. and Hausman , J.A. 1986 . Patents and R&D: is there a lag? . International Economic Review , 27 : 265 – 83 .
  • Hall , B.H. and Oriani , R. 2006 . Does the market value R&D investment by European firms? Evidence from a panel of manufacturing firms in France, Germany, and Italy . International Journal of Industrial Organization , 24 : 971 – 93 .
  • Hall , B.H. 2007 . “ Measuring the returns to R&D: the depreciation problem ” . In NBER Working Paper, no. 13473
  • Hayashi , F. and Inoue , T. 1991 . The relation between firm growth and Q with multiple capital goods: Theory and evidence from panel data on Japanese firms . Econometrica , 59 ( 3 ) : 739 – 53 .
  • Judge , G. 1980 . The theory and practise of econometrics , New York : Wiley .
  • Kaskarelis , I.A. 1997 . Aggregate returns to scale in Greek manufacturing . Applied Economics , 29 : 1673 – 78 .
  • KEPE . Various years . Capital stock , Athens, , Greece : KEPE . (in Greek)
  • Lichtenberg , F. 1988 . The private R&D investment response to federal design and technical competitions . American Economic Review , 78 : 550 – 9 .
  • Mairesse , J. and Sassenou , M. 1991 . “ R&D and productivity: A survey of econometric studies at the firm level ” . In NBER Working Paper, no. 3666
  • Ministry of National Economy . Various years . Gross fixed capital investment , Athens, , Greece : Ministry of National Economy . (in Greek)
  • Morrison , C.J. and Schwartz , A. 1996 . State infrastructure and productive performance . The American Economic Review , 86 ( 5 ) : 1094 – 111 .
  • Nadiri , M. and Mamouneas , T. 1996 . Public R&D policies and cost behaviour of the US manufacturing industries . Journal of Public Economics , 63 ( 1 ) : 57 – 82 .
  • Nelson , Richard R. 2004 . The market economy, and the scientific commons . Research Policy , 33 ( 3 ) : 455 – 71 .
  • OECD . Various issues . Main Science and Technology Indicators , Paris, , France : OECD .
  • Ohta , M. 1974 . A note on the duality between production and cost functions: Rate of returns to scale and rate of technical progress . Economic Studies Quarterly , 25 ( 3 ) : 63 – 5 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.