R&D expenditure-growth relationship: sample literature
| Author/Authors | Sample | Method | Results |
|---|---|---|---|
| Mansfield (1972) | USA | Descriptive analysis | Positive effect on economic growth |
| Freire-Seren (2001) | 21 OECD Countries | Panel Regression | Positive effect on economic growth |
| Zachariadis (2004) | 13 OECD Countries | Panel System Estimation | Positive effect on TFP |
| Cameron et al. (2005) | 14 Manufacture Industry from the UK | Equilibrium Correction Model (ECM) and Autodistributed Lag (ADL) | Positive effect on TFP |
| Křístková (2012) | Czechia | Computable General Equilibrium | Positive effect on economic growth |
| Inekwe (2015) | 66 Countries with different income levels | Generalized Method of Moments (GMM) | It has no impact in low-income countries but is positive in middle-high-income countries |
| Author/Authors | Sample | Method | Results |
|---|---|---|---|
| USA | Descriptive analysis | Positive effect on economic growth | |
| 21 OECD Countries | Panel Regression | Positive effect on economic growth | |
| 13 OECD Countries | Panel System Estimation | Positive effect on TFP | |
| 14 Manufacture Industry from the UK | Equilibrium | Positive effect on TFP | |
| Czechia | Computable General Equilibrium | Positive effect on economic growth | |
| 66 Countries with different income levels | Generalized Method of Moments (GMM) | It has no impact in low-income countries but is positive in middle-high-income countries |
Source(s): Authors' compilation
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