Research Effort and Economic Growth

Weshah Razzak

MPRA Paper from University Library of Munich, Germany

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: 2021-11-01, Revised 2022-01-25
New Economics Papers: this item is included in nep-gro
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Related works:
Journal Article: Research Effort and Economic Growth (2023)
Working Paper: Research Effort and Economic Growth (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:111665

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