Articles
Published 2014-01-01
Keywords
- productivity,
- R&D expenditure,
- manufacturing industry,
- panel data,
- Mexico
How to Cite
Cabral, R., & González, F. J. (2014). R&D expenditure and productivity in the Mexican manufacturing industry. Estudios Económicos De El Colegio De México, 29(1), 27–55. https://doi.org/10.24201/ee.v29i1.75
Abstract
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.
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