The industrial linkages and supply effects of the U.S. R & D sector: Comparison with OECD countries
- Authors
- Oh, J.; Suh, D.H.
- Issue Date
- 2019
- Publisher
- MDPI AG
- Keywords
- Backward and forward linkage; Input-output model; R & D; Supply investment effect; Supply shortage effect
- Citation
- Social Sciences, v.8, no.3
- Indexed
- SCOPUS
- Journal Title
- Social Sciences
- Volume
- 8
- Number
- 3
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/70727
- DOI
- 10.3390/socsci8030089
- ISSN
- 2076-0760
- Abstract
- The industrial linkages and supply effects of the U.S. Research and Development (R & D) sector are examined using the input-output approach. Although the U.S. has the highest R & D intensity among major OECD countries, the U.S. R & D sector has relatively low backward and forward linkages to other industrial sectors. Moreover, the supply investment effect of the U.S. R & D sector is the least, showing that the sector is not likely to stimulate the production of the other sectors. The supply shortage effect of the U.S. R & D sector is also the least among the countries. The findings in this study imply that improving the linkages and supply effects of the R & D sector may be more important than increasing only the amount of R & D expenditure in the U.S. © 2019 by the authors.
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Collections - College of Life Sciences and Biotechnology > Department of Food and Resource Economics > 1. Journal Articles
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