Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology

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Soltani sehat Leili; ALIZADEH REZA; MEHREGAN NADER

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Journal Paper

Paper Information

Journal: IRANIAN ECONOMIC REVIEW Year:2019 | Volume:23 | Issue:4 Page(s): 795-818

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Information Journal Paper

Title

Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology

Author(s)

Soltani sehat Leili | ALIZADEH REZA | MEHREGAN NADER | Issue Writer Certificate

Keywords

Total Factor Productivity

Research and Development

High-Tech Industry

Panel Data Econometrics

Abstract

in the modern competitive world, Research and Development (R&D) and its overflowing technologies are the main basis of innovation, which in turn, can be determined as an important source of economic growth. Investing in research activities can help firms with different tech-nological levels, especially high-tech industries to improve their produc-tivity. This paper aims to analyze the role of R&D expenditures in Total Factor Productivity (TFP) growth in Iran’ s industry sector. For this pur-pose, data from industries with different levels of technology (high, me-dium and low) over the period 1994-2010 is used. Results show that R&D expenditures in high-tech and then in medium/high-tech industries have the most positive and significant effect on TFP growth. In addition, among high-tech industries, R&D expenditures have the greatest impact on the productivity growth in drug and chemical industries related to medicine (Code 2423) which has experienced significant progress in re-cent years.

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APA: Copy

Soltani sehat, Leili, ALIZADEH, REZA, & MEHREGAN, NADER. (2019). Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology. IRANIAN ECONOMIC REVIEW, 23(4), 795-818. SID. https://sid.ir/paper/314435/en

Vancouver: Copy

Soltani sehat Leili, ALIZADEH REZA, MEHREGAN NADER. Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology. IRANIAN ECONOMIC REVIEW[Internet]. 2019;23(4):795-818. Available from: https://sid.ir/paper/314435/en

IEEE: Copy

Leili Soltani sehat, REZA ALIZADEH, and NADER MEHREGAN, “Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology,” IRANIAN ECONOMIC REVIEW, vol. 23, no. 4, pp. 795–818, 2019, [Online]. Available: https://sid.ir/paper/314435/en

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