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Manufacturing the future: is the manufacturing sector a driver of R&D, exports and productivity growth?

Many industrialized countries in Europe and North America have experienced a steady decline in the manufacturing sector over the last few decades. Amid growing concerns that outsourcing and offshoring have destabilized European economies...

Данни

Идентификация
JRC nr: JRC107579
Дата на публикуване
13 септември 2017

Описание

Many industrialized countries in Europe and North America have experienced a steady decline in the manufacturing sector over the last few decades. Amid growing concerns that outsourcing and offshoring have destabilized European economies, policymakers have suggested that a large manufacturing sector can: i) boost R&D, ii) encourage exporting, and iii) raise productivity. We examine these claims. Non-parametric plots and regressions show a robust positive association between the manufacturing sector and Business R&D expenditures (BERD), while the relationship between manufacturing and exports or productivity is more elusive. Finally, we explore whether a manufacturing sector target of 20% of value-added will help reach a BERD target of 3% of GDP.

Authors:

COAD Alexander, VEZZANI Antonio

Файлове

jrc107579.pdf
English
(1.17 MB - PDF)
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