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

Mamatzakis, Emmanuel (2010) The contribution of the publicly‐funded R&D capital to productivity growth and an application to the Greek food and beverages industry. International Review of Applied Economics, 24 (4). pp. 483-494. ISSN 0269-2171

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Abstract

This paper follows the dual‐cost function methodology and develops a theoretical specification that assesses the contribution of public R&D capital to the productivity growth. The empirical application focuses on the Greek food and beverages industry. For this purpose it employs a micro‐aggregated annual data set over the period 1976–2002. The regression analysis shows that publicly‐funded R&D capital is a productive input as 8.7% and 7.3% of the total factor productivity growth in the food industry and in the beverages industry respectively is attributed to the publicly‐funded R&D capital. The relationship between publicly‐funded R&D and privately‐purchased inputs is also examined.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: H Social Sciences
Depositing User: Janet Snow
Date Deposited: 03 Jul 2012 11:20
Last Modified: 03 Jul 2012 11:20
URI: http://sro.sussex.ac.uk/id/eprint/40015
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