Are there Diminishing Returns to R&D?

Publikation: Working paperForskning

Dokumenter

  • Wp-06-05

    Forlagets udgivne version, 67,8 KB, PDF-dokument

  • Jakob B. Madsen
Semi-endogenous models and, to some extent, also Schumpeterian models are based on the assumption of diminishing returns to R&D. This paper shows that the null hypothesis of constant returns to R&D cannot be rejected for the OECD countries
OriginalsprogEngelsk
UdgivelsesstedCph.
UdgiverDepartment of Economics, University of Copenhagen
Antal sider9
StatusUdgivet - 2006

Bibliografisk note

JEL Classification: O3, O4

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