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dc.contributor.authorBye, Brita
dc.contributor.authorFæhn, Taran
dc.contributor.authorGrünfeld, Leo A.
dc.date.accessioned2011-02-09T11:48:52Z
dc.date.available2011-02-09T11:48:52Z
dc.date.issued2008
dc.identifier.issn0809-733X
dc.identifier.urihttp://hdl.handle.net/11250/180815
dc.description.abstractResearch and development (R&D) play a pivotal role for innovation and productivity growth, and knowledge spillovers can make the case for public support to private R&D. In small and open economies, absorption of foreign knowledge through exports and imports can be even more decisive for economic growth than domestic innovation. This macro economic analysis investigates how policies should be formed in order to reap the largest productivity effects, when both these sources of growth interplay. In particular, the firms’ capacity to absorb knowledge from abroad depends on domestic R&D, and this reinforces the efficiency arguments for stimulating R&D. We find that from a welfare perspective, export promotion of R&D-based technologies proves slightly more efficient than R&D support.en_US
dc.description.sponsorshipFinancial support from the Norwegian Research Council programme RENERGI.en_US
dc.language.isoengen_US
dc.publisherStatistics Norway, Research Departmenten_US
dc.relation.ispartofseriesDiscussion Papers;572
dc.subjectComputable general equilibrium model (CGE model)en_US
dc.subjectGrowthen_US
dc.subjectResearch and Development (R&D)en_US
dc.subjectSpilloversen_US
dc.subjectØkonomisk veksten_US
dc.subjectForskning og utviklingen_US
dc.subjectInnovasjonen_US
dc.subjectMakroøkonomiske analyseren_US
dc.subjectJEL classification: C68en_US
dc.subjectJEL classification: E62en_US
dc.subjectJEL classification: H32en_US
dc.subjectJEL classification: O38en_US
dc.subjectJEL classification: O41en_US
dc.titleGrowth policy in a small, open economy : domestic innovation and learning from abroaden_US
dc.typeWorking paperen_US
dc.source.pagenumber37en_US


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