The Structure of Firm R&D and the Factor Intensity of Production

James Adams ()

Working Papers from U.S. Census Bureau, Center for Economic Studies

Abstract: This paper studies the influence of the structure of firm R&D, industry R&D spillovers, and plant level physical capital on the factor intensity of production. By the structure of firm R&D we mean its distribution across states and products. By factor intensity we mean the cost shares of variable factors, which in this paper are blue collar labor, white collar labor, and materials. We characterize the effect of the structure of firm R&D on factor intensity using a Translog cost function with quasi-fixed factors. This cost function gives rise to a system of variable cost shares that depends on factor prices, firm and industry R&D, and physical capital.

Keywords: CES; economic; research; micro; data; microdata; chief; economist (search for similar items in EconPapers)
Date: 1997-10
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Working Paper: The Structure of Firm R&D and the Factor Intensity of Production (1997)
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Persistent link: http://EconPapers.repec.org/RePEc:cen:wpaper:97-15

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