Rates of Return on New Zealand R&D

dc.creatorJohnson, Robin
dc.date2017-04-01T20:03:16Z
dc.date.accessioned2026-07-09T06:03:40Z
dc.descriptionThis paper reports on a survey of past trends in national and sectoral R&D expenditure in New Zealand back to 1962 and models used to measure the rate of return to investment in R&D. Cobb Douglas models are compared with productivity models and are used to explore the interaction between R&D and labour and capital variables. Polynomial distributed lag models are investigated and the results compared with stock models. The average rates of return to R&D investment vary across sectors of the economy - some being surprisingly high - but some results remain ambiguous to interpret.
dc.identifierdoi:10.22004/ag.econ.123686
dc.identifierhttps://ageconsearch.umn.edu/record/123686/files/johnson.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/123686
dc.identifier.urihttp://hdl.handle.net/123456789/571840
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/123686
dc.titleRates of Return on New Zealand R&D
dc.typeText

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