On R&D, medium and high-tech industries and productivity: an application to the...

• Author(s): Varum, C. A. ; Cibrão, B.
• Date: 2008
• Persistent ID: http://hdl.handle.net/10773/6894
• Origin: RIA - Repositório Institucional da Universidade de Aveiro
• Subject(s): Manufacturing; Productivity; Structural Change; R&D; High-tech industries
• Document Type: Conference Object
• Language: English

Description

This paper investigates the potential impact of increased R&D efforts and structural change in Portugal on labour productivity. The paper addresses Portugal’s ambition, expressed in the 2005 Technological Plan. Based on existing literature on the relation between R&D expenditures, structural change and productivity, we evaluate the contribution of R&D and high-tech industries on productivity over the last 30 years. Our results confirm the importance of governement’s R&D and of business R&D in the medium to high-tech sectors, as they stimulate productivity growth. However, we cannot hypothesize that productivity growth was primarily rooted on the development of medium-high technology industries.