R&D and productivity growth: evidence from firm-level data for the Netherlands

Eric Bartelsman, George Leeuwen, Henry Nieuwenhuijsen and Kees Zeelenberg

MPRA Paper from University Library of Munich, Germany

Abstract: This article presents evidence on the links between R&D and productivity for manufacturing firms in the Netherlands. The study provides estimates of the output elasticity of the R&D stock and of the private rate of return to R&D. The article applies the methodology used by Hall and Mairesse (1995) to a panel dataset of R&D performing firms in the Netherlands, with some minor modifications. First, a correction for sample selection bias is used in an attempt to adjust the results for possible bias arising when the basic methodology is applied to the R&D survey for the Netherlands. Next, more complete adjustment is made to the resource input data to correct for the ’double counting’ of R&D inputs. Lastly, an attempt is made to correct for heteroskedasticity in the error term of the basic model. The study makes use of linked files of the R&D surveys and the annual production statistics collected by Statistics Netherlands for the years 1985, 1989, and 1993.

Keywords: R&D; productivity; Netherlandss (search for similar items in EconPapers)
JEL-codes: D22 L6 O12 O32 (search for similar items in EconPapers)
Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Published in Netherlands Official Statistics 3.1996(1996): pp. 52-69

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