• 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