Research and Development and Intra-industry Spillovers: An Empirical Application of Dynamic Duality

In this paper we estimate a model of production and investment based on the theory of dynamic duality. We are particularly interested in the effects of R&D spillovers and in calculating the social and private rates of return. There are three effects associated with the intra-industry R&D spi...

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Veröffentlicht in:The Review of economic studies 1989-04, Vol.56 (2), p.249-267
Hauptverfasser: Bernstein, Jeffrey I., Nadiri, M. Ishaq
Format: Artikel
Sprache:eng
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