The Review of Economics and Statistics Vol. 66 No. 1 1984
The Determinants of Industrial R&D: A Funds Flow Simultaneous Equation Approach
Abstract
In this paper a general flow of funds model explaining aggregate RD (b) although some previous studies using U.S. data have concluded that RD (c) consistent with recent studies, no evidence of crowding out of private expenditures by government expenditures could be found.
- DOI
- 10.2307/1924710
- Volume
- 66
- Issue
- 1
- Pages
- 163
- Sources
- openalex crossref