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ID104956
Title ProperMeasuring the social rate of return to R&D in coal, petroleum and nuclear manufacturing
Other Title Informationa study of the OECD countries
LanguageENG
AuthorCorderi, David ;  Lin, C Y Cynthia
Publication2011.
Summary / Abstract (Note)This paper estimates the social rate of return to research and development (R&D) in the energy manufacturing industry. Our model tries to quantify the positive contribution that lagged R&D has on total factor productivity (TFP) growth in the manufacturing of coal, petroleum products and nuclear fuel for a number of OECD countries. Using a panel of data from the OECD STAN database we are able to obtain results suggesting that R&D has a positive and significant rate of return that varies for each country.
`In' analytical NoteEnergy Policy Vol. 39, No. 5; May 2011: p.2780-2785
Journal SourceEnergy Policy Vol. 39, No. 5; May 2011: p.2780-2785
Key WordsSocial Rate of Return to R and D ;  Energy ;  R and D