CEU Electronic Theses and Dissertations, 2007
| Author | Popa, Ana |
|---|---|
| Title | The impact of R&D on growth: cross-country comparison of old and new EU members |
| Summary | This paper is an assessment of R&D induced growth in the European Union. Deriving an econometric model form the extended Solow Growth model with physical, human and research capital as inputs I estimate the effect of R&D intensity on the level of GDP per capita and its annual growth in EU between 1995 and 2005 years. The results show a different effect of R&D investment in old and new member states. Although R&D intensity affects the level of GDP per capita in both: new and old EU members, its impact on growth is significant only in old EU members. The GDP growth in the developing EU countries during the period examined was influenced by other factors. |
| Supervisor | Ádám Török |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2007/c05poa01.pdf |
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