Structural stability of the research & development sector in European economies despite the economic crisis
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01_Jour of Evol Econ_Günther Kristalova Ludwig (1).pdf | 851.09 kB | Adobe PDF | View/Open |
Authors: | Guenther, Jutta ![]() Kristalova, Maria ![]() Ludwig, Udo |
Abstract: | When an external shock such as the economic crisis in 2008/2009 occurs, the interconnectedness of sectors can be affected. This paper investigates whether the R&D sector experienced changes in its sectoral integration through the recession. Based on an input output analysis, it can be shown that the linkages of the R&D sector with other sectors remain stable. In some countries, the inter-sectoral integration become even stronger. Policy makers can be encouraged to use public R&D spending as a means of fiscal policy against an economic crisis. |
Keywords: | economic crisis; research and development; input-output-analysis | Issue Date: | 4-Sep-2019 | Journal/Edited collection: | Journal of Evolutionary Economics | Start page: | 1415 | End page: | 1432 | Type: | Artikel/Aufsatz | Secondary publication: | no | DOI: | 10.26092/elib/242 | URN: | urn:nbn:de:gbv:46-elib44456 | Institution: | Universität Bremen | Faculty: | Fachbereich 07: Wirtschaftswissenschaft (FB 07) |
Appears in Collections: | Forschungsdokumente |
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