Industrial Growth, Royalty Payments and Local Expenditure on Research and Development

  • Jorge M. Katz
Part of the International Economic Association Series book series (IEA)


It is obvious that received theory is in a highly unsatisfactory state from the point of view of its usefulness in understanding the problems posed by the technological development of the so-called ‘recently industrialised’ nations.


Technological Progress Manufacturing Sector Inventive Activity Technical Progress Technical Activity 
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  1. 1.
    N. Terleckij. Sources of productivity growth in the U.S. manufacturing sector (Unpublished Ph.D. dissertation, Columbia, 1960).Google Scholar
  2. 3.
    J. Schmookler, Invention and Economic Growth (Harvard University Press, 1966), p. 2.CrossRefGoogle Scholar
  3. 1.
    Two excellent surveys in this respect are: C. Freeman, Measurement of Output of R and D, a Review Paper (Mimeo, Unesco, Jan. 1969);Google Scholar
  4. and B. Sanders, ‘Some difficulties in measuring inventive activity’, in The Rate and Direction of Inventive Activity, (N.B.E.R., Princeton, 1962).Google Scholar
  5. 3.
    For a discussion of this point, see D. Chudnovsky and J. Katz, ‘Patentes e Importación de Tecnologla’, Económica (La Plata, Enero de 1970).Google Scholar
  6. 1.
    An excellent account of the role played by the ‘technical assistance to production’ group at Dupont de Nemeurs (U.S.) can be found in S. Hollander, The Sources of Increased Efficiency (M.I.T. University Press, 1966).Google Scholar
  7. 2.
    C. Vaitsos. Transfer of resources and the preservation of monopoly rents (Lima, April 1970) (mimeo).Google Scholar
  8. 1.
    Banco Central de la Republica Argentina, Origen del Producto y Distribuciôn del Ingreso (Buenos Aires, Enero de 1971).Google Scholar
  9. 2.
    The definitions of the variables are fairly similar to those employed within the framework of the Argentinian study. These can be found in N. Terleckij: Sources of Productivity Growth in the U.S. Manufacturing Sector (Ph.D. Dissertation, Columbia, 1960). Although there is no published version of this thesis, it is available on microfilm.Google Scholar
  10. 1.
    The statistical relationship between the rate of growth of output and the rate of overall factor productivity growth, recently named the ‘Verdoorn Effect’, has been discussed extensively in the literature. See, for example, W. Beckerman, The British Economy in 1975 (Cambridge University Press, 1966);Google Scholar
  11. R. C. O. Matthews and R. Hahn, ‘The Theory of Economic Growth, A Survey’, Economic Journal (December, 1964);Google Scholar
  12. J. Katz, ‘Verdoorn Effects, Returns to Scale and the Elasticity of Factor Substitution’, Oxford Economic Papers (July, 1968).Google Scholar
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    Some evidence for this has been presented in J. Katz, Production Functions, Foreign Investment and Growth (North Holland Publishing Co., 1969). ChapterGoogle Scholar
  14. 1.
    J. Verdoorn, ‘Fattori the regolano to sviluppo della produttività del lavoro’, L’Industria (Milan, 1949).Google Scholar
  15. Also: J. Verdoorn, ‘Complementarity and long-run projections’, Econometrica (Oct. 1956).Google Scholar
  16. 1.
    E. Mansfield, Industrial Research and Technological Innovation (Norton, New York, 1968).Google Scholar
  17. 2.
    See, for example: S. Hollander, op. cit. (M.I.T. University Press, 1966);Google Scholar
  18. D. Hamberg, ‘Invention in the industrial research laboratory’, Journal of Political Economy (1963);Google Scholar
  19. R. Nelson et al., Technology, Economic Growth and Public Policy (The Brookings Institution, 1967).Google Scholar
  20. 1.
    S. Hollander, op. cit., p. 206 (M.I.T. University Press, 1966).Google Scholar
  21. 1.
    On conventional definitions, see National Science Foundation, Research and Development in Industry (U.S. Government Printing Office, Washington, D.C., 1968).Google Scholar
  22. Also: O.E.C.D., Proposed Standard Practice for Surveys of R and D, Directorate of Scientific Affairs, Paris, 1963).Google Scholar

Copyright information

© International Economic Association 1973

Authors and Affiliations

  • Jorge M. Katz
    • 1
  1. 1.Instituto Torcuato Di TellaArgentina

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