Innovation activity in industrial sector of St. Petersburg economy: Econometric analysis of generated effects

Alexei A. Rumyantcev and Yuri Fedotov ()

No 852, Working Papers from Graduate School of Management, St. Petersburg State University

Abstract: The paper is devoted to macroeconomic analysis of innovation activity. Being generated by national innovation system the innovation process is examined as a factor of economic development. Special emphasis is on econometric modeling of the impact the macroeconomic indicators of in-novation process produce for economic development in terms of total industrial output, value added and labor productivity. The data on industrial sector of St. Petersburg economy (1995–2004) is utilized for empirical part of the study. Alterative macroeconomic models (production functions) were estimated and tested. Assessment of the impact on total industrial output, value added and labor productivity provided by "innovation factor" variables has been completed on the basis of the most "plausible" (in statistical and economic sense) empirical models.

Date: 2006
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dspace.spbu.ru/handle/11701/852
Our link check indicates that this URL is bad, the error code is: 503 Service Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sps:wpaper:852

Access Statistics for this paper

More papers in Working Papers from Graduate School of Management, St. Petersburg State University Contact information at EDIRC.
Bibliographic data for series maintained by Lena Manaeva ( this e-mail address is bad, please contact ).