The Impact of Government R&D - Some Empirical Evidence
Jan Bentzen and
Valdemar Smith ()
Working Papers from Aarhus School of Business - Department of Economics
In this paper we analyse the impact of public R&D on private sector output. It is argued that public research expenditures will increase the input supply in private R&D and accordingly enlarge business sector output. We test the model on danish time series data over period 1973 to 1995.
Keywords: RESEARCH AND DEVELOPMENT; PRODUCTIVITY Business. Fuglesangs Alle 4. DK-8210 Aarhus V -Denmark. 20p. (search for similar items in EconPapers)
JEL-codes: O30 H50 D24 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:aascbu:99-4
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