RT Journal Article
T1 Persistence analysis of research intensity in OECD countries since 1870.
A1 Solarin, Sakiru Adebola
A1 Gil-Alana, Luis Alberiko
A1 López Martínez, Gema
AB This paper analyses the persistence of research intensity in the OECD over the period 1870–2018. The goal is to test if the conclusion of the study conducted by Ang and Madsen (Ang, J. B., & Madsen, J. B. (2011). Can second-generation endogenous growth models explain the productivity trends and knowledge production in the Asian miracle economies? The Review of Economics and Statistics 2011, 93(4), 1360–1373), namely that the Schumpeterian growth models predict that research intensity is stationary, is correct. Using fractional integration methods on annual research intensity from 16 OECD countries, we observe that the series are very persistent. The order of integration is observed to be statistically higher than 1 in all the countries except Spain, rejecting thus the hypothesis of stationarity. When the likelihood of non-linear trends is considered in the analysis, the results are not materially different. An implication of the results is that policies aimed at boosting research activities will have a long-term impact on research intensity.
PB Wiley
YR 2022
FD 2022-06-21
LK https://hdl.handle.net/20.500.14352/118245
UL https://hdl.handle.net/20.500.14352/118245
LA eng
NO Solarin, S. A., Lopez, G., & Gil‐Alana, L. A. (2022). Persistence analysis of research intensity in OECD countries since 1870. Australian Economic Papers, 61(4), 738-750. https://doi.org/10.1111/1467-8454.12271
NO Grant PID2020-113691RB-I00 funded by MCIN/AEI/ 10.13039/501100011033.
DS Docta Complutense
RD 7 abr 2025