Measuring the Returns to R&D: The Depreciation Problem

By Bronwyn H Hall. 2005

207 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/0e7b3c89008296952b7b31abdba1f6313e7c384c

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In Economics and Econometrics

Citations in the corpus

The Financing of Innovative Firms (2010, background): “The first is the increased importance of the ICT sector, where there is fairly rapid obsolescence of R&D outputs, and a consequent reduction in the incentives to safeguard human capital (Hall 2006).”
Firm selection and corporate cash holdings (2020, unknown): “Hall (2007) provides evidence for a larger depreciation rate for the R&D capital stock.”
Depreciation of Business R&D Capital (2018, unknown): “It is helpful to recall the result by Hall (2005) who shows a pattern of decreasing depreciation for the computers, communication equipment, and scientific instrument industries during the period of 1989 to 2003.”
Is Corporate R&D Investment in High-Tech Sectors More Effective? Some Guidelines for European Research Policy (2009, unknown): “…into account what is commonly assumed in the reference literature (see Nadiri and Prucha, 1996 for physical capital; Hall and Mairesse, 1995 and Hall, 2007 for the R&D stock): namely, on the one hand, depreciation rates for the R&D stocks were assumed to be higher than the corresponding rates…”
R&D and productivity in OECD firms and industries: A hierarchical meta-regression analysis ☆ (2016, unknown): “The pioneering work is that of Minasian (1969) and Griliches (1973) on elasticities of R&D capital; and Terleckyj (1974) on rates of return to R&D.”
Intangible capital and economic growth (2006, unknown): “The point of departure for our empirical analysis is the benchmark Hall and Jones (1999)’s production function:”
What is a Company Really Worth? Intangible Capital and the (2008, unknown): “, Hall (1993), Hall and Hall (1993), Lev (2001)); managerial and organizational capital (see Bloom and Van Reenen (2006), Bryjolfsson and Hitt (2005)), advertising (Hall (1993), Ayanian (1983)), and worker training (Abowd et.”
Technological change and employment: is Europe ready for the challenge? (2018, unknown): “LT low-tech, MT medium-tech, HT high-tech industries 24 Eurasian Bus Rev (2018) 8:13–32”
Economics and Statistics Administration (2007, methodology): “First, the derived industry-specific R&D depreciation rates fall within the range of recent research estimates based on commonly-adopted production function and market valuation approaches (Berstein and Mamuneas, 2006; Hall, 2007; Huang and Diewert, 2007; Warusawitharana, 2008).”