engleski

The influence of R&D on Productivity of OECD Electrical and Optical Equipment Sector

This paper analyses the relationship between R&D and productivity within electrical and optical equipment sector of selected OECD and EU countries. Based on the implementation of the perpetual inventory method (PIM) and panel data analysis, new empirical estimates of chosen variables have been made. The empirical analysis is based on the sectoral data of selected OECD and EU countries within observed period. The results are intended to provide insights into the contribution of technology to productivity growth. Author's hypothesis includes two key dimensions (R&D stock and physical capital stock) which play essential role for the whole of OECD electrical and optical equipment sector.

R&D; PIM method; Productivity; Electrical and optical equipment sector; Panel data

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