Gasto en investigación y desarrollo y productividad en la industria manufacturera mexicana

We study the effects of R&D on productivity across a sample of 17 Mexican manufacturing sectors from 1994 to 2007. Employing panel data methods we find some interesting results. First, ordinary least squares estimates suggest a strong link between R&D expenditure and productivity. Se...

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Bibliographic Details
Main Authors: Cabral, René, González, Franco Jair
Format: Online
Language:Spanish
Editor: El Colegio de México, A.C. 2014
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/75
Journal:

Estudios Económicos

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Summary:We study the effects of R&D on productivity across a sample of 17 Mexican manufacturing sectors from 1994 to 2007. Employing panel data methods we find some interesting results. First, ordinary least squares estimates suggest a strong link between R&D expenditure and productivity. Second, after controlling for heterogeneity and endogeneity problems such evidence disappears. Third, partitioning our sample according to R&D intensity criteria, we even observe negative effects on productivity from those industries that employ that resource more intensively.