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| Author: | Griliches, Z. |
| Title: | Productivity, R&D, and the data constraint |
| Journal: | American Economic Review
1994 : MAR, VOL. 84:1, p. 1-23 |
| Index terms: | R&D PRODUCTIVITY ECONOMICS |
| Language: | eng |
| Abstract: | There are three sets of "facts" to look at: what has happened to productivity, what has happened to investment in R&D and science, and what has happened to the relationship between them. Sometime in the late 1960s measured productivity growth in the United States started to slow down. A number of discordant facts are important for an understanding of what happened. The productivity -growth decline in many other countries was larger, absolutely, than in the US, and there it was not associated with declined in R&D investment. |
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