R&D and aggregate fluctuations (English)

The research and development (R&D) sector is considered one of the main driving forces of sustainable growth in the long run. The sector, however, also shows excessive volatility which raises interesting questions regarding the sources of this volatility as well as the nature of the relation between the sector and aggregate fluctuations. Using data from the United States Bureau of Economic Analysis and National Science Foundation, we show that technology...

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Author

Artuc,Erhan;

Pourpourides, Panayiotis M.;
Document Date
2012/03/01
Document Type
Policy Research Working Paper
Report Number
WPS6017
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2012/03/01
Disclosure Status
Disclosed
Doc Name
R&D and aggregate fluctuations
Keywords
Capital Investments

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Artuc,Erhan; Pourpourides, Panayiotis M..

R&D and aggregate fluctuations (English). Policy Research working paper ; no. WPS 6017 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/552571468162843033

R&D and aggregate fluctuations (English)

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