Note—Price Indexes to Calculate Real R&D Expenditures

In a recent contribution, Mansfield (Mansfield, Edwin. 1987. Price indexes for R and D inputs, 1969–1983. Management Sci. 33(January) 124–129.) published a R&D deflator for American industrial R&D expenditures. A similar deflator is presented here for German industrial R&D expenditures. It is shown that both indexes are closely related to R&D employment. They can also be used to evaluate the relative costs of spending on R&D between countries.

• 저널Management Science · 34(1) · 131–134
• 토픽Innovation Policy and R&D · Economics and Econometrics
• DOI10.1287/mnsc.34.1.131
• 저자Klaus Brockhoff