An Empirical Contribution to Knowledge Production and Economic Growth:
We examine the dynamics of knowledge production for a panel of 19 OECD countries. A new and unique data set is used to proxy the domestic flows of "new-to-the-world" knowledge and ideas. We rigorously address the cross-country heterogeneity in the production of knowledge and the endogeneou...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2005
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| Schriftenreihe: | OECD Science, Technology and Industry Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | We examine the dynamics of knowledge production for a panel of 19 OECD countries. A new and unique data set is used to proxy the domestic flows of "new-to-the-world" knowledge and ideas. We rigorously address the cross-country heterogeneity in the production of knowledge and the endogeneous nature of this process. The parameters of the knowledge production function point to large cross-country differences. Domestic and foreign stocks of knowledge and ideas have a net positive effect on the production (flows) of new ideas. Countries with a low domestic knowledge base appear to improve their TFP considerably through the accumulation of knowledge. This effect is very modest for countries that already have a sizeable domestic knowledge base. We find ample evidence of duplicate R&D but no support for endogenous growth. Given the heterogeneous nature of knowledge production across OECD countries, R&D policy will need to be adapted to the specific nature of each country; a one-size-fits-all approach will not be effective |
| Beschreibung: | 1 Online-Ressource (28 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/861778011460 |
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| index_date | 2024-07-03T19:35:02Z |
| indexdate | 2024-12-18T19:03:38Z |
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| spelling | Luintel, Kul B... Verfasser aut An Empirical Contribution to Knowledge Production and Economic Growth Kul B. Luintel and Mosahid Khan = Production de connaissances et croissance économique: Une contribution empririque / Kul B. Luintel et Mosahid Khan Production de connaissances et croissance économique: Une contribution empririque Paris OECD Publishing 2005 1 Online-Ressource (28 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Science, Technology and Industry Working Papers We examine the dynamics of knowledge production for a panel of 19 OECD countries. A new and unique data set is used to proxy the domestic flows of "new-to-the-world" knowledge and ideas. We rigorously address the cross-country heterogeneity in the production of knowledge and the endogeneous nature of this process. The parameters of the knowledge production function point to large cross-country differences. Domestic and foreign stocks of knowledge and ideas have a net positive effect on the production (flows) of new ideas. Countries with a low domestic knowledge base appear to improve their TFP considerably through the accumulation of knowledge. This effect is very modest for countries that already have a sizeable domestic knowledge base. We find ample evidence of duplicate R&D but no support for endogenous growth. Given the heterogeneous nature of knowledge production across OECD countries, R&D policy will need to be adapted to the specific nature of each country; a one-size-fits-all approach will not be effective Science and Technology Khan, Mosahid ctb https://doi.org/10.1787/861778011460 Verlag kostenfrei Volltext |
| spellingShingle | Luintel, Kul B.. An Empirical Contribution to Knowledge Production and Economic Growth Science and Technology |
| title | An Empirical Contribution to Knowledge Production and Economic Growth |
| title_alt | Production de connaissances et croissance économique: Une contribution empririque |
| title_auth | An Empirical Contribution to Knowledge Production and Economic Growth |
| title_exact_search | An Empirical Contribution to Knowledge Production and Economic Growth |
| title_exact_search_txtP | An Empirical Contribution to Knowledge Production and Economic Growth |
| title_full | An Empirical Contribution to Knowledge Production and Economic Growth Kul B. Luintel and Mosahid Khan = Production de connaissances et croissance économique: Une contribution empririque / Kul B. Luintel et Mosahid Khan |
| title_fullStr | An Empirical Contribution to Knowledge Production and Economic Growth Kul B. Luintel and Mosahid Khan = Production de connaissances et croissance économique: Une contribution empririque / Kul B. Luintel et Mosahid Khan |
| title_full_unstemmed | An Empirical Contribution to Knowledge Production and Economic Growth Kul B. Luintel and Mosahid Khan = Production de connaissances et croissance économique: Une contribution empririque / Kul B. Luintel et Mosahid Khan |
| title_short | An Empirical Contribution to Knowledge Production and Economic Growth |
| title_sort | an empirical contribution to knowledge production and economic growth |
| topic | Science and Technology |
| topic_facet | Science and Technology |
| url | https://doi.org/10.1787/861778011460 |
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