Sectoral productivity Growth and Innovation Policies

Olga Ivanova and Moustafa Chatzouz

MPRA Paper from University Library of Munich, Germany

Abstract: This papers studies the sectoral differences in the impacts of various innovation policies, human capital and R&D intensity on the productivity growth using econometric panel data techniques. We analyze the development of the sectoral productivity as depending on both knowledge creation and knowledge adoption, where both channels of productivity growth can be influenced by various types of R&D related public policy. We use the combination of the most recent EU-KLEMS database and OECD data for econometric analysis on six aggregated sectors of the economy. In contrast with other existing studies our econometric analysis covers the whole of the economy and includes various traditional, industrial and services sectors. The main contribution of the paper is in highlighting the differences between economic sectors and identifying potential for sector-specific innovation policies.

Keywords: Endogenous growth; R&D; panel data; R&D policy; industrial sectors (search for similar items in EconPapers)
JEL-codes: O47 (search for similar items in EconPapers)
Date: 2019-04-23
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ent, nep-eur, nep-gro, nep-ino, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:93488

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