R&D specialization and manufacturing productivity growth: A cross-country study

Jong Rong Chen, Yun Peng Chu, Yi Pey Ou, Chih Hai Yang

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

This study examines how R&D specialization within the manufacturing sector affects productivity growth, constructing various measures of R&D specialization using a concentration index and industrial classification. Based on 11 member countries of the Organization for Economic Co-operation and Development (OECD) for the period from 1981 to 2000, the results obtained based on the fixed-effect panel data model with cross-sectional dependence indicate that concentrating suitable R&D resources within a few industries tends to promote productivity growth. Moreover, this positive effect is relevant to concentrating on development-oriented industries or process innovation-oriented industries.

Original languageEnglish
Pages (from-to)33-43
Number of pages11
JournalJapan and the World Economy
Volume34-35
DOIs
Publication statusPublished - May 1 2015
Externally publishedYes

Keywords

  • Inequality index
  • OECD
  • Productivity growth
  • R&D specialization
  • TFP

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance
  • Political Science and International Relations

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