G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w5506
来源IDWorking Paper 5506
R&D, Production Structure and Productivity Growth: A Comparison of the US, Japanese and Korean Manufacturing Sectors
M. Ishaq Nadiri; Seongjun Kim
发表日期1996-03-01
出版年1996
语种英语
摘要We estimate and compare the production structures of the US, Japanese, and Korean total manufacturing sectors for the 1974-1990 period. We employ a translog variable cost function that includes such inputs as labor, materials, physical and R&D capital with the physical and R&D capital treated as quasi-fixed subject to adjustment costs. The paper provides estimates for markups, returns to scale, rates of return on physical and R&D capital, and technical change. The paper also identifies the sources of the growth of output, labor productivity, and total factor productivity. The results show that resource accumulation, not technical change, is the key factor in rapid output growth, and that the R&D capital and technical change have been major contributors of the TFP growth in the US and Japanese manufacturing but not in the Korean manufacturing sector.
主题Public Economics ; National Fiscal Issues ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w5506
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/562969
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M. Ishaq Nadiri,Seongjun Kim. R&D, Production Structure and Productivity Growth: A Comparison of the US, Japanese and Korean Manufacturing Sectors. 1996.
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