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020 _a9781441975300
_99781441975300
024 7 _a10.1007/9781441975300
_2doi
035 _avtls000338980
039 9 _a201509030311
_bVLOAD
_c201404300353
_dVLOAD
_y201402060924
_zstaff
040 _aMX-SnUAN
_bspa
_cMX-SnUAN
_erda
050 4 _aJF20-2112
100 1 _aWetter, John J.
_eautor
_9313460
245 1 4 _aThe Impacts of Research and Development Expenditures :
_bThe Relationship Between Total Factor Productivity and U.S. Gross Domestic Product Performance /
_cby John J. Wetter.
264 1 _aNew York, NY :
_bSpringer New York,
_c2011.
300 _axIx, 108 páginas
_brecurso en línea.
336 _atexto
_btxt
_2rdacontent
337 _acomputadora
_bc
_2rdamedia
338 _arecurso en línea
_bcr
_2rdacarrier
347 _aarchivo de texto
_bPDF
_2rda
490 0 _aInnovation, Technology, and Knowledge Management ;
_v8
500 _aSpringer eBooks
520 _aThe research underlying this volume was designed to test the theory of Total Factor Productivity (TFP) in contemporary context. Developed by Nobel Prize-winning economist, Robert Solow, in the 1950s, TFP has been applied by many economists to investigate the relationships among capital, labor, and economic performance. In this analysis, John Wetter presents the hypothesis that technological investment drives growth and performance of the U.S. economy. The study addresses four key questions: 1.Is there a relationship between Total Factor Productivity and Gross National Product? 2.Is there a relationship between Total Factor Productivity and Research & Development expenditures? 3.Is there a relationship between Research & Development expenditures and Gross Domestic Product? 4.Can the relationship in research question #1 be explained by other factors? Is there any potential non-spuriousness (mediation) implication to the relationship? Synthesizing the literature from related fields, including macroeconomics, technology transfer, and innovation, and applying rigorous methodology, Wetter demonstrates that Total Factor Productivity is positively related to Gross Domestic Product and is mediated by Research & Development. In addition, he reveals that the lag time between R&D spending and GDP growth averages eleven years, which suggests that long-term planning is essential to maximizing the benefits of R&D. Wetter considers the implications for policymaking and industry leadership, including such timely issues as the effects of the 2009 U.S. stimulus program.
590 _aPara consulta fuera de la UANL se requiere clave de acceso remoto.
710 2 _aSpringerLink (Servicio en línea)
_9299170
776 0 8 _iEdición impresa:
_z9781441975294
856 4 0 _uhttp://remoto.dgb.uanl.mx/login?url=http://dx.doi.org/10.1007/978-1-4419-7530-0
_zConectar a Springer E-Books (Para consulta externa se requiere previa autentificación en Biblioteca Digital UANL)
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999 _c285316
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