Too Much of a Good Thing? The Economics of Investment in R&D
收藏NBER1999-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7283
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资源简介：
Research and development (R&D) is a key determinant of long run productivity and welfare. A central issue is whether a decentralized economy undertakes too little or too much R&D. We develop an endogenous growth model that incorporates parametrically four important distortions to R&D: the surplus
提供机构：
美国国家经济研究局
创建时间：
1999-08-01
