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        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?
        Why Don't Poor Countries Do R&D?

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        Why Don't Poor Countries Do R&D?

        ABSTRACT

        Using a global panel on research and development (R&D) expenditures, this paper documents that on average poor countries do far less R&D than rich as a share of GDP. This is arguably counter intuitive since the gains from doing the R&D required for technological catch up are thought to be very high and griffith2004 have documented that in the OECD returns increase dramatically with distance from the frontier. Exploiting recent advances in instrumental variables in a varying coefficient context we find that the rates of return follow an inverted U: they rise with distance to the frontier and then fall thereafter, potentially turning negative for the poorest countries.

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        DOCUMENT INFO

        • TypeReport, Research Paper
        • PriceFree
        • FormatPDF
        • Size1.67 MB
        • LanguageEnglish
        • Stacks0
        • Postedabout 4 years ago
        • Authored-
        • Added byHashdoc Content Review
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