Exportar Publicação
A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.
Archibald, R. B. & Pereira, A. M. (2003). Effects of public and private R&D on private-sector performance in the United States. Public Finance Review . 31 (4), 429-451
R. B. Archibald and A. M. Pereira, "Effects of public and private R&D on private-sector performance in the United States", in Public Finance Review , vol. 31, no. 4, pp. 429-451, 2003
@article{archibald2003_1714895397149, author = "Archibald, R. B. and Pereira, A. M.", title = "Effects of public and private R&D on private-sector performance in the United States", journal = "Public Finance Review ", year = "2003", volume = "31", number = "4", doi = "10.1177/1091142103031004005", pages = "429-451", url = "http://journals.sagepub.com/doi/10.1177/1091142103031004005" }
TY - JOUR TI - Effects of public and private R&D on private-sector performance in the United States T2 - Public Finance Review VL - 31 IS - 4 AU - Archibald, R. B. AU - Pereira, A. M. PY - 2003 SP - 429-451 SN - 1091-1421 DO - 10.1177/1091142103031004005 UR - http://journals.sagepub.com/doi/10.1177/1091142103031004005 AB - This study analyzes the effects of public and private research and development (R&D) on private-sector output, employment, and investment using a multivariate time-series approach. This approach follows the conceptual argument that dynamic feedbacks are essential to understanding the relationship between public-funded R&D and private-sector performance. With this approach, the authors are able to measure the total effects of public and private R&D on private output. The results suggest that in the long term, public R&D does not affect employment but crowds in private investment, whereas private R&D is a substitute for both. As a consequence, the long-term effects of public R&D on output are positive and substantial, whereas the effects of private R&D are at best marginally positive. As a corollary, the authors argue that public R&D should be brought into the limelight as a leading candidate for explaining the growth slowdown in the past decades. ER -