R&D expenditure in G7 countries and the implications for endogenous fluctuations and growth

被引：74

作者：

Wälde, K

Woitek, U

机构：

[1] Tech Univ Dresden, Dept Econ, D-01062 Dresden, Germany

[2] Univ Munich, Dept Econ, D-80538 Munich, Germany

来源：

ECONOMICS LETTERS | 2004年 / 82卷 / 01期

关键词：

cyclical properties of R&D expenditure; growth cycles;

D O I：

10.1016/j.econlet.2003.07.014

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The literature on endogenous growth cycles predicts countercyclical R&D expenditure. Aggregate R&D expenditure in G7 countries from 1973 to 2000 tends to be procyclical. Implications for future theoretical research are discussed. (C) 2003 Elsevier B.V. All rights reserved.

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页码：91 / 97

页数：7

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