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KIET Industrial Economic Review
Sejong : Korea Institute for Industrial Economics and Trade
ISSN :1598-947X
Bimonthly

Vol.24 No.4 , pp.43 ~ 55

Current Issue

The Contribution of R&D Investment to Productivity in the South Korean Service Sector

2019-08-30

Kang, Min-Sung | Korea Institute for Industrial Economics and Trade |

http://www.kiet.re.kr/

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초록

The purpose of corporate R&D investment is to improve productivity, and the way in which R&D investment increases productivity was structured very effectively by Crepon et al (1998). This model is called the CDM model and first stage of the process is the choice of R&D investment by firms affected by the market structure.

목차

>> 1. Overview
>> 2. Econometric Analysis of CDM Model
>> 3. Data and Variables
>> >> (1) Data for the Analysis
>> >> (2) Variables for Estimations
>> >> >> 1) Dependent Variables
>> >> >> 2) Independent Variables
>> 4. Estimation Results
>> >> (1) 1st and 2nd Stage of CDM Model
>> >> (2) Final (3rd) Stage of CDM Model
>> 5. Policy Implications