On R&D, medium and high-tech industries and productivity: an application to the Portuguese case

Celeste Varum and Bruno Cibrão ()
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Bruno Cibrão: Departamento de Economia e Gestão Industrial, Universidade de Aveiro

No 51, Working Papers de Economia (Economics Working Papers) from Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro

Abstract: This paper investigates the potential impact of increased R&D efforts and structural changes in Portugal on labour productivity. The paper addresses Portugal’s ambition, expressed in the 2005 Technological Plan. Based on existing literature on the relation between R&D expenditures, structural change and productivity, we evaluate the contribution of R&D and medium to high-tech industries on productivity over the last 30 years. Our results confirm the importance of governement’s R&D and of business R&D in the medium to high-tech sectors, as they stimulate productivity growth. However, we cannot hypothesize that productivity growth was primarily rooted on the development of medium-high technology industries.

Keywords: Manufacturing; Productivity; Structural Change; R&D; High-tech industries (search for similar items in EconPapers)
JEL-codes: O30 O40 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2008-12
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ino and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:ave:wpaper:512008

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