International Differences in R&D: An Empirical Investigation of a "Quality Ladder" Implication

Werner Antweiler

Working Papers from University of Toronto, Department of Economics

Abstract: R&D varies substantially across countries. By introducing the profit motive into R&D, the "quality ladder" growth model implies an inverse relationship between the national activity levels of R&D and unit costs of R&D. This inverse relationship is supported by findings from a data set of direct measures and a second data set that contains measures based on the R&D content of international trade.

Keywords: International R&D Competition; R&D Content of Trade (search for similar items in EconPapers)
JEL-codes: F12 O41 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1994-12-01
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