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Innovation, Standardisation and the Long-term Production Function
A Cointegration Analysis for Germany 1960-1996
Jungmittag, Andre | Blind, Knut | Grupp, Hariolf
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 119 (1999), Iss. 2 : pp. 205–222
2 Citations (CrossRef)
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Jungmittag, Andre
Blind, Knut
Grupp, Hariolf
Cited By
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Too many or too few Standards Setters? Evidence from the Performance of Firms engaged in Standardization
Riillo, Cesare A.F. | Jakobs, KaiThe Journal of Technology Transfer, Vol. 48 (2023), Iss. 6 P.2106
https://doi.org/10.1007/s10961-022-09951-z [Citations: 0] -
Driving forces for standardization at standardization development organizations
Blind, Knut
Applied Economics, Vol. 34 (2002), Iss. 16 P.1985
https://doi.org/10.1080/00036840110111158 [Citations: 49]
Abstract
An aggregate production function for Germany from 1960 until 1996 is estimated. In contrast to most other empirical studies, technical progress is not approximated by a linear time trend but we distinguish between technical progress which is a result of own R&D activities, and the import of technological know-how through licence agreements, approximated by the indicator variables stock of patents and real expenditures for licences. In addition, technology diffusion, as approximated by the stock of effective technical standards, is integrated in the long-term production function. The superior long-term production function, including the usual production factors as well as the three indicator variables, is then used to assess the effects of the different sources of technical progress as well as technology diffusion on economic growth from 1961 until 1996.