Innovative potential in regional production functions of VES type
Автор: Moskalyonov S.A.
Журнал: Симбирский научный Вестник @snv-ulsu
Рубрика: Экономика и менеджмент
Статья в выпуске: 4 (14), 2013 года.
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The paper develops the econometric analysis of the aggregative regional non-linear production functions of the "flows-flows" type [10] with two examples of the Gorbunov production function with VES, generated by the concave quadratic functions and by generalized Solow functions [7]. The research shows the controversial results of empirical analysis (results of econometric tests), but it generally supports the hypothesis of the weak positive R&D sector's impact on the GRP growth. Therefore, it contributes to our understanding of the Jones' hypothesis [19, 20] on zero R&D sector's impact on economic growth in the country.
Economic growth, regional production function, regression analysis, r&d sector, jones'' hypothesis
Короткий адрес: https://sciup.org/14113833
IDR: 14113833