Una estimación de la "función de producción de ideas" en España

  1. Borondo Arribas, Carlos
Journal:
Principios: estudios de economía política

ISSN: 1698-7616

Year of publication: 2008

Issue: 10

Pages: 43-63

Type: Article

More publications in: Principios: estudios de economía política

Abstract

This paper estimates a knowledge production function for the Spanish economy. The foundation for this function is an endogenous growth model in which the drivers of growth are the physical and human capitals and the stock of scientific knowledge (ideas). Generation of new ideas depends on the movement of the international frontier of knowledge (measured with the TFP of the US), the stock of knowledge already in use inside the economy and the number of scientists dedicated to R&D