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Note---Price Indexes to Calculate Real R&D Expenditures

Klaus Brockhoff
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Klaus Brockhoff: Research Center for the Management of Technology and Innovation, Christian Albrechts-University, Kiel, Federal Republic of Germany

Management Science, 1988, vol. 34, issue 1, 131-134

Abstract: In a recent contribution, Mansfield (Mansfield, Edwin. 1987. Price indexes for R and D inputs, 1969--1983. Management Sci. 33(January) 124--129.) published a R&D deflator for American industrial R&D expenditures. A similar deflator is presented here for German industrial R&D expenditures. It is shown that both indexes are closely related to R&D employment. They can also be used to evaluate the relative costs of spending on R&D between countries.

Keywords: R&D; deflators; indexes (search for similar items in EconPapers)
Date: 1988
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