Estimating Feedback Effect in Technical Change: A Frontier Approach
| dc.creator | Otto, Vincent M. | |
| dc.creator | Kuosmanen, Timo | |
| dc.creator | van Ierland, Ekko C. | |
| dc.date | 2017-04-01T19:36:34Z | |
| dc.date.accessioned | 2026-07-09T03:03:25Z | |
| dc.description | This study examines whether today's technical change depends on yesterday's technical change. We propose to investigate this feedback effect by using the technical-change component of the Malmquist productivity index. This approach can overcome some problems in alternative patent-citation approaches. We apply the approach by estimating the feedback effect from production data of 25 OECD countries for 1980 through 1997. Our model yields evidence on a positive feedback effect with delays up till eight years. These findings are in line with patent-citation studies and bring us closer to a measure of the social returns to R&D. | |
| dc.identifier | doi:10.22004/ag.econ.12086 | |
| dc.identifier | https://ageconsearch.umn.edu/record/12086/files/wp060027.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/12086 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/525643 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/12086 | |
| dc.title | Estimating Feedback Effect in Technical Change: A Frontier Approach | |
| dc.type | Text |