Research Effort and Economic Growth

Weshah Razzak

Journal of the Knowledge Economy, 2023, vol. 14, issue 3, No 11, 2318-2340

Abstract: Abstract Endogenous growth models based on micro-foundations predict that total factor productivity (TFP) growth is positively associated with effective research effort. We use macroeconomic-pooled time-series–cross-sectional data for the G7 countries from 2000 to 2017 to provide a robust estimate of this positive effect of research effort on TFP growth.

Keywords: TFP growth; Research efforts; Education; Human capital; Useful knowledge (search for similar items in EconPapers)
JEL-codes: C2 C23 O40 O47 (search for similar items in EconPapers)
Date: 2023
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Working Paper: Research Effort and Economic Growth (2022)
Working Paper: Research Effort and Economic Growth (2020)
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DOI: 10.1007/s13132-022-00983-2

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