Title of article
R&D expenditure in G7 countries and the implications for endogenous fluctuations and growth
Author/Authors
Klaus W?lde، نويسنده , , Ulrich Woitek، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
7
From page
91
To page
97
Abstract
The literature on endogenous growth cycles predicts countercyclical R&D expenditure. Aggregate R&D expenditure in G7 countries from 1973 to 2000 tends to be procyclical. Implications for future theoretical research are discussed.
Keywords
Cyclical properties of R&D expenditure , Growth cycles
Journal title
Economics Letters
Serial Year
2004
Journal title
Economics Letters
Record number
435330
Link To Document