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The Role of Research and Development in Economic Growth: A Review

Journal of Economics Bibliography

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Title The Role of Research and Development in Economic Growth: A Review
 
Creator KHAN, Jangraiz; Elementarya nd Secondary Education Department, KP, Pakistan
 
Description Abstract. This paper reviews the role of Research and Development in the economic growth. The paper links back the story of economic growth to the studies of 17th and 18th century. The role of Research and development was confirmed in the models like Romer (1987), Romer (1990), Aghion & Howitt (1992), Grossman & Helpman (1991) and Barro & Sala-i-Martin (2004). In 1990s and 2000s, the empirical investigations made it a significant factor of economic growth. It is therefore conclude on the basis of the reviewed literature that Research and development play a significant role in the economic growth of a country.Keywords. Research and Development, Economic Growth, Human CapitalJEL Class. O31, O32, O47.
 
Publisher Journal of Economics Bibliography
 
Contributor
 
Date 2015-09-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEB/article/view/480
10.1453/jeb.v2i3.480
 
Source Journal of Economics Bibliography; Vol 2, No 3 (2015): September; 128-133
2149-2387
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEB/article/view/480/562
 
Rights Copyright (c) 2015 Journal of Economics Bibliography
http://creativecommons.org/licenses/by-nc/4.0