Showing papers on "R&D intensity published in 1982"
TL;DR: In this article, a simultaneous equation model of industrial structure and research and development expenditure based on propositions put forward in recent theoretical work primarily by Dasgupta and Stiglitz is presented.
Abstract: This paper presents a simultaneous equation model of industrial structure and research and development expenditure based on propositions put forward in recent theoretical work primarily by Dasgupta and Stiglitz. The model is estimated from Finnish cross-sectional data using both a standard 2SLS-procedure and a procedure allowing for dichotomous endogenous variables. The results support the main hypotheses concerning the relationships between market structure and R & D-intensity. R & D activity is clearly more intense where markets are concentrated and products are differentiated. Moreover, this activity, far from destroying the foundations of market power, seems to enhance it.
11 citations