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Non-linearities in the R&D-Firm Growth Relationship: Evidence from a Semiparametric Location-Scale Regression Approach

Research output: Contribution to journalArticleResearchpeer review

Authors

  • Drini Morina
  • Henning Lucas
  • Stefanie Heiden

Details

Original languageEnglish
Pages (from-to)1155-1161
JournalEconomics Bulletin (EB)
Volume43
Issue number2
Publication statusPublished - 30 Jun 2023

Abstract

Based on a generalized additive model for location and scale, this paper shows that there is no positive association between R&D and average firm growth rates in the short run, unless R&D efforts are extremely high. The growth rate variance, however, increases with smaller values of R&D intensity and the magnitude is more extreme.

Cite this

Non-linearities in the R&D-Firm Growth Relationship: Evidence from a Semiparametric Location-Scale Regression Approach. / Morina, Drini; Lucas, Henning; Heiden, Stefanie.
In: Economics Bulletin (EB), Vol. 43, No. 2, 30.06.2023, p. 1155-1161.

Research output: Contribution to journalArticleResearchpeer review

Morina, Drini ; Lucas, Henning ; Heiden, Stefanie. / Non-linearities in the R&D-Firm Growth Relationship : Evidence from a Semiparametric Location-Scale Regression Approach. In: Economics Bulletin (EB). 2023 ; Vol. 43, No. 2. pp. 1155-1161.
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