Are there Diminishing Returns to R&D?
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Are there Diminishing Returns to R&D? / Madsen, Jakob B.
Cph. : Department of Economics, University of Copenhagen, 2006.Research output: Working paper › Research
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TY - UNPB
T1 - Are there Diminishing Returns to R&D?
AU - Madsen, Jakob B.
N1 - JEL Classification: O3, O4
PY - 2006
Y1 - 2006
N2 - 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
AB - 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
KW - Faculty of Social Sciences
KW - endogenous growth theory
M3 - Working paper
BT - Are there Diminishing Returns to R&D?
PB - Department of Economics, University of Copenhagen
CY - Cph.
ER -
ID: 327363