| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1264 |
| 来源ID | Working Paper 1264 |
| R&D, Production Structure, and Productivity Growth in the U.S., Japaneseand German Manufacturing Sectors | |
| Pierre A. Mohnen; M. Ishaq Nadiri; Ingmar R. Prucha | |
| 发表日期 | 1984 |
| 出版年 | 1984 |
| 语种 | 英语 |
| 摘要 | The paper analyzes the production structure and the demand for inputs in three major industrialized countries, the U.S., Japan and Germany. A dynamic factor demand model with two variable inputs (labor and energy)and two quasi-fixed inputs (capital and R&D) is derived directly from an intertemporal cost-minimization problem formulated in discrete time. Adjustment costs are explicitly specified. The model is estimated for the manufacturing sector of the three countries using annual data from 1965 to 1977. Particular attention is given to the role of R&D. For all countries the rate of return on R&D is found to be higher than that on capital. Their respective magnitudes are similar across countries.We find considerable differences in factor demand schedules; we also find that for all countries the speed of adjustment for capital is higher than that of R&D. Adjustment costs are of importance in the demand equations for capital and R&D, but play a minor role in the decomposition of total factor productivity growth. |
| 主题 | Industrial Organization |
| URL | https://www.nber.org/papers/w1264 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 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/558490 |
| 推荐引用方式 GB/T 7714 | Pierre A. Mohnen,M. Ishaq Nadiri,Ingmar R. Prucha. R&D, Production Structure, and Productivity Growth in the U.S., Japaneseand German Manufacturing Sectors. 1984. |
| 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 | ||
| w1264.pdf（519KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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