dc.contributor.author | Mamuneas, Theofanis P. | en |
dc.creator | Mamuneas, Theofanis P. | en |
dc.date.accessioned | 2019-05-03T05:22:30Z | |
dc.date.available | 2019-05-03T05:22:30Z | |
dc.date.issued | 1999 | |
dc.identifier.uri | http://gnosis.library.ucy.ac.cy/handle/7/47576 | |
dc.description.abstract | This paper employs a dynamic production model to examine the short-run effects of publicly financed R&D capital on the cost structure of six high-tech US manufacturing industries. The results show that, given an industry's output, publicly financed R&D capital reduces the variable production cost in all industries. In addition an increase in publicly financed R&D causes output to increase implying that producers as well consumers are better off, despite the presence of strong monopoly power in some industries. A low bound for the 'social' rate of return to publicly financed R&D is also calculated. | en |
dc.language.iso | eng | en |
dc.source | International Journal of Industrial Organization | en |
dc.subject | Dynamic production model | en |
dc.subject | L6 | en |
dc.subject | O32 | en |
dc.subject | Public R&D | en |
dc.subject | Rate of returns | en |
dc.title | Spillovers from publicly financed R&D capital in high-tech industries | en |
dc.type | info:eu-repo/semantics/article | |
dc.identifier.doi | 10.1016/S0167-7187(97)00039-8 | |
dc.description.volume | 17 | |
dc.description.startingpage | 215 | |
dc.description.endingpage | 239 | |
dc.author.faculty | Σχολή Οικονομικών Επιστημών και Διοίκησης / Faculty of Economics and Management | |
dc.author.department | Τμήμα Οικονομικών / Department of Economics | |
dc.type.uhtype | Article | en |
dc.contributor.orcid | Mamuneas, Theofanis P. [0000-0002-8426-2141] | |
dc.description.totalnumpages | 215-239 | |
dc.gnosis.orcid | 0000-0002-8426-2141 | |