Variable description
| Variables | Definition |
|---|---|
| Innovation | It measures R&D expenditures undertaken by business enterprises |
| Apparent consumption | It is defined as gross production minus exports plus imports in each year. It captures market size for each industry |
| Capital stock | It represents capital stock to the number of persons employed in a sector |
| Labor input | It measures labor compensation divided by value added |
| Variables | Definition |
|---|---|
| Innovation | It measures R&D expenditures undertaken by business enterprises |
| Apparent consumption | It is defined as gross production minus exports plus imports in each year. It captures market size for each industry |
| Capital stock | It represents capital stock to the number of persons employed in a sector |
| Labor input | It measures labor compensation divided by value added |
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