TFP와 Malmquist 생산성지수를 이용한 연구개발투자의 효과분석

This paper investigates the productivity growth of four manufacturing industries employing TFP and Malmquist productivity indexes on data for 13 OECD countries covering 1977-1990, and estimates the effects of R&D investment on productivity growth. The results show that there is a large difference between these indexes, and that R&D effects on productivity using TFP and Malmquist productivity indexes are different in value and significance.