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R&D depreciation, stocks, user costs and productivity growth for US R&D intensive industries

dc.contributor.authorBernstein, Jeffrey I.en
dc.contributor.authorMamuneas, Theofanis P.en
dc.creatorBernstein, Jeffrey I.en
dc.creatorMamuneas, Theofanis P.en
dc.date.accessioned2019-05-03T05:21:51Z
dc.date.available2019-05-03T05:21:51Z
dc.date.issued2006
dc.identifier.urihttp://gnosis.library.ucy.ac.cy/handle/7/47139
dc.description.abstractThis paper estimates R&D depreciation rates for U.S. R&D intensive industries. R&D annually depreciates aten
dc.description.abstract18% for chemical products, 26% for nonelectrical machinery, 29% for electrical products, and 21% for transportation equipment. These depreciation rates lead to new estimates of the marginal (gross of depreciation) returns to R&D capitalen
dc.description.abstract0.25 for chemical products, 0.31 for nonelectrical machinery, 0.34 for electrical products, and 0.27 for transportation equipment. R&D investment significantly contributed to productivity growthen
dc.description.abstractvirtually 100% in chemical products, 55% in non-electrical machinery, 38 percent in electrical products, and 84% in transportation equipment. © 2005 Elsevier B.V. All rights reserved.en
dc.language.isoengen
dc.sourceStructural Change and Economic Dynamicsen
dc.subjectUnited Statesen
dc.subjectProductivityen
dc.subjectCosten
dc.subjectDepreciationen
dc.subjectIndustryen
dc.subjectNorth Americaen
dc.subjectR&Den
dc.subjectresearch and developmenten
dc.titleR&D depreciation, stocks, user costs and productivity growth for US R&D intensive industriesen
dc.typeinfo:eu-repo/semantics/article
dc.identifier.doi10.1016/j.strueco.2005.04.003
dc.description.volume17
dc.description.startingpage70
dc.description.endingpage98
dc.author.facultyΣχολή Οικονομικών Επιστημών και Διοίκησης / Faculty of Economics and Management
dc.author.departmentΤμήμα Οικονομικών / Department of Economics
dc.type.uhtypeArticleen
dc.contributor.orcidMamuneas, Theofanis P. [0000-0002-8426-2141]
dc.description.totalnumpages70-98
dc.gnosis.orcid0000-0002-8426-2141


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