Dynamic models of R&D, innovation and productivity: panel data evidence for Dutch and French manufacturing

Wladimir Raymond (), Jacques Mairesse, Pierre Mohnen and Franz Palm

No 2013-025, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: This paper introduces dynamics in the RD to innovation and innovation to productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the conditional mean of labor productivity through an observed binary indicator, an observed intensity variable or through the continuous latent variables that correspond to the observed occurrence or intensity. It estimates these models by full information maximum likelihood using twounbalanced panels of Dutch and French manufacturing firms from three waves of the Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and of stronger persistence in productivity than in innovation.

Keywords: Models with Panel Data; Longitudinal Data; Spatial Time Series; Truncated and Censored Models; Switching Regression Models; Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Manufacturing; Processes and Incentives; Management of Technological Innovation and R&D (search for similar items in EconPapers)
JEL-codes: C33 C34 C35 L60 O31 O32 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-ino, nep-knm, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Dynamic models of R & D, innovation and productivity: Panel data evidence for Dutch and French manufacturing (2015)
Working Paper: Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing (2013)
Working Paper: Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing (2013)
Working Paper: Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2013025

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