The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan

碩士 === 真理大學 === 財經研究所 === 99 === This paper examines the long-run relationship between R&D and productivity growth for a panel of 21 industries over the period 1982-2001. Using time trend graph and panel cointegration techniques, we find that compared with the steadily increasing trend of produc...

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Main Authors:	Hsu, Chen-Hung, 徐甄鴻
Other Authors:	Huang, Chia-Hui
Format:	Others
Language:	zh-TW
Published:	2011
Online Access:	http://ndltd.ncl.edu.tw/handle/um433w

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spelling	ndltd-TW-099AU0007440142019-05-15T20:41:43Z http://ndltd.ncl.edu.tw/handle/um433w The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan 研發與生產力成長之長期均衡關係-以台灣製造業為例 Hsu, Chen-Hung 徐甄鴻碩士真理大學財經研究所 99 This paper examines the long-run relationship between R&D and productivity growth for a panel of 21 industries over the period 1982-2001. Using time trend graph and panel cointegration techniques, we find that compared with the steadily increasing trend of productivity, the accelerating trend on the R&D expenditure seems to suggest R&D investment is relevant to productivity growth. Moreover, the results of Pedroni’s test show that R&D and productivity growth are cointegrated. However, after controlling the cross-sectional dependence, the results of Westerlund’s test show that R&D has no long-run effect on productivity growth. Huang, Chia-Hui 黃珈卉 2011 學位論文 ; thesis 37 zh-TW
collection	NDLTD
language	zh-TW
format	Others
sources	NDLTD
description	碩士 === 真理大學 === 財經研究所 === 99 === This paper examines the long-run relationship between R&D and productivity growth for a panel of 21 industries over the period 1982-2001. Using time trend graph and panel cointegration techniques, we find that compared with the steadily increasing trend of productivity, the accelerating trend on the R&D expenditure seems to suggest R&D investment is relevant to productivity growth. Moreover, the results of Pedroni’s test show that R&D and productivity growth are cointegrated. However, after controlling the cross-sectional dependence, the results of Westerlund’s test show that R&D has no long-run effect on productivity growth.
author2	Huang, Chia-Hui
author_facet	Huang, Chia-Hui Hsu, Chen-Hung 徐甄鴻
author	Hsu, Chen-Hung 徐甄鴻
spellingShingle	Hsu, Chen-Hung 徐甄鴻 The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan
author_sort	Hsu, Chen-Hung
title	The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan
title_short	The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan
title_full	The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan
title_fullStr	The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan
title_full_unstemmed	The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan
title_sort	long-run effect of r&d on productivity growth: industry-level evidence from taiwan
publishDate	2011
url	http://ndltd.ncl.edu.tw/handle/um433w
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The Long-Run Effect of R&D on Productivity Growth: Industry-Level Evidence from Taiwan

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