Il tasso di rendimento degli investimenti in ricerca e sviluppo delle imprese innovatrici italiane

Francesco Aiello () and Valeria Pupo ()

Rivista di Politica Economica, 2004, vol. 94, issue 3, 81-118

Abstract: This paper estimates the impact of R&D expenditures on Italian firm productivity. For the period 1989-1997 we consider a Cobb-Douglas production function augmented by R&D intensity. Final outcomes suggest that the rate of return of R&D investments is 20% over 1989-1994 and 22% over 1995-1997.

JEL-codes: C23 L60 O30 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (14)

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