| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1080/09535314.2017.1316707 |
| The impact of R&D on factor-augmenting technical change – an empirical assessment at the sector level. | |
| Smeets Kristkova Z; Gardebroek C; van Dijk M; van Meijl H | |
| 发表日期 | 2017 |
| 出处 | Economic Systems Research : 1-33 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | The aim of the paper is to quantify endogenous factor-augmenting technical change driven by R&D investments in a panel of 11 OECD countries over 1987–2007. This paper contributes to the scant empirical evidence on the speed, sources and direction of technical change for various sectors and production factors. Assuming cost-minimization behavior, a CES framework is used to derive a system of equations that is estimated by a GMM system estimator. The estimated factor-augmenting technology parameters show that in most sectors, technical change was labor-augmenting and labor-saving. Statistically significant effects of manufacturing and services R&D were found on factor-augmenting technical change (with the highest R&D elasticities found in the high-tech manufacturing and transport, storage and communication sectors). Whereas ‘in-house’ R&D stimulates total factor productivity, R&D spilled over to other sectors has a capital-augmenting effect accompanied by a higher use of labor. The results of this study provide a starting point for incorporating endogenous factor-augmenting technical change in impact assessment models aimed at broad policy analysis including economic growth, food security or climate change. |
| 主题 | Ecosystems Services and Management (ESM) |
| 关键词 | Factor-augmenting technical change, R& D, CES function, GMM regression |
| URL | http://pure.iiasa.ac.at/id/eprint/14568/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/131064 |
| 推荐引用方式 GB/T 7714 | Smeets Kristkova Z,Gardebroek C,van Dijk M,等. The impact of R&D on factor-augmenting technical change – an empirical assessment at the sector level.. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| The%20impact%20of%20（2634KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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