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008 | 150903s2011 xxu| o |||| 0|eng d | ||
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_a9781441975300 _99781441975300 |
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024 | 7 |
_a10.1007/9781441975300 _2doi |
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035 | _avtls000338980 | ||
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_a201509030311 _bVLOAD _c201404300353 _dVLOAD _y201402060924 _zstaff |
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_aMX-SnUAN _bspa _cMX-SnUAN _erda |
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050 | 4 | _aJF20-2112 | |
100 | 1 |
_aWetter, John J. _eautor _9313460 |
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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. |
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300 |
_axIx, 108 páginas _brecurso en línea. |
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336 |
_atexto _btxt _2rdacontent |
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_acomputadora _bc _2rdamedia |
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_arecurso en línea _bcr _2rdacarrier |
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_aarchivo de texto _bPDF _2rda |
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_aInnovation, Technology, and Knowledge Management ; _v8 |
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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 |
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_iEdición impresa: _z9781441975294 |
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_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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