14568 9 77408 2 213796 document 77408 The impact of R D on factor augmenting technical change an empirical assessment at the sector level.pdf application/pdf 4db931396957f3a512e8322a635988a0 MD5 2697606 2017-05-08 07:23:43 https://pure.iiasa.ac.at/id/eprint/14568/1/The%20impact%20of%20R%20D%20on%20factor%20augmenting%20technical%20change%20an%20empirical%20assessment%20at%20the%20sector%20level.pdf 14568 1 1 application/pdf text en public cc_by_nc_nd

The impact of R D on factor augmenting technical change an empirical assessment at the sector level.pdf

published 77419 1 213815 document 77419 indexcodes.txt text/x-c++ d01186757576f23cfea8e3bc1f880a5c MD5 16874 2017-05-08 07:33:22 https://pure.iiasa.ac.at/id/eprint/14568/2/indexcodes.txt 14568 2 2 text/x-c++ other Generate index codes conversion from text to indexcodes en public

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/77408 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/77408 http://eprints.org/relation/ismediumThumbnailVersionOf https://pure.iiasa.ac.at/id/document/77408 77423 2 213819 document 77423 small.jpg image/png 910be82e1f032bcf210d8eaddf58954b MD5 1566 2017-05-08 07:34:08 https://pure.iiasa.ac.at/id/eprint/14568/6/small.jpg 14568 6 6 image/png other Thumbnails conversion from text to thumbnail_small en public

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/77408 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/77408 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/77408 archive 353 disk0/00/01/45/68 2017-05-08 07:26:25 2024-08-28 08:14:29 2017-05-08 07:26:25 article show Smeets Kristkova Z. Gardebroek C. van Dijk M. 2147 0000-0002-5207-7304 van Meijl H. pub prog_esm Factor-augmenting technical change, R&D, CES function, GMM regression The aim of the paper is to quantify endogenous factor-augmenting technical change driven by R&D investments in a panel of 11 OECD countries over 1987–2007. This paper contributes to the scant empirical evidence on the speed, sources and direction of technical change for various sectors and production factors. Assuming cost-minimization behavior, a CES framework is used to derive a system of equations that is estimated by a GMM system estimator. The estimated factor-augmenting technology parameters show that in most sectors, technical change was labor-augmenting and labor-saving. Statistically significant effects of manufacturing and services R&D were found on factor-augmenting technical change (with the highest R&D elasticities found in the high-tech manufacturing and transport, storage and communication sectors). Whereas ‘in-house’ R&D stimulates total factor productivity, R&D spilled over to other sectors has a capital-augmenting effect accompanied by a higher use of labor. The results of this study provide a starting point for incorporating endogenous factor-augmenting technical change in impact assessment models aimed at broad policy analysis including economic growth, food security or climate change. 2017-05-06 published Taylor & Francis 10.1080/09535314.2017.1316707 2911 public Economic Systems Research 1-33 TRUE 0953-5314 FALSE no info:eu-repo/semantics/article