Title of article
Are there diminishing returns to R&D?
Author/Authors
Jakob B. Madsen، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
6
From page
161
To page
166
Abstract
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.
Keywords
Returns to R&D , Endogenous growth theory
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436206
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