English, Article edition: THE IMPACT OF R&D ON THE SINGAPORE ECONOMY: AN EMPIRICAL EVALUATION YUEN PING HO; POH KAM WONG; MUN HENG TOH

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Bookmark: http://trove.nla.gov.au/version/18219
Physical Description
  • article
Language
  • English

Edition details

Title
  • THE IMPACT OF R&​D ON THE SINGAPORE ECONOMY: AN EMPIRICAL EVALUATION
Author
  • YUEN PING HO
  • POH KAM WONG
  • MUN HENG TOH
Physical Description
  • article
Notes
  • This paper provides empirical estimates for the impact of R&​D on economic growth in Singapore. The CobbâDouglas based analysis found that R&​D investment had a significant impact on total factor productivity performance in the last 20 years and established a long-term equilibrium relationship between R&​D investments and TFP. However, compared to OECD countries, the impact of R&​D on growth in Singapore is not as strong. To catch up with the developed nations in terms of R&​D productivity not only requires increasing R&​D intensity in Singapore but also more efficient exploitation of domestic R&​D activity.
  • Economic growth, R&​D expenditure, Total factor productivity
  • RePEc:wsi:serxxx:v:54:y:2009:i:01:p:1-20
Language
  • English
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