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Title Patent contributions to total factor productivity within the manufacturing industry
Author Huynh, Hai
Department Department of Economics and Business
Institution Colorado College
Degree Type bachelor
Degree Name Bachelor of Arts
Type of Resource text
Digital Origin reformatted digital
Date Accepted 2007
Date Digitized 2009
Abstract This paper presents an econometric analysis of the contribution that patents make to total factor productivity (TFP) within the manufacturing industry. We present the theoretical literature on TFP and patents as a measure of inventiveness. Starting from a model based on Popp's (2002) work, we provided an econometric foundation for a reduced-form equation quantifying the contribution of patents to TFP. We used data collected from NBER-CES and USHIP. Furthermore, we weighted patents using two methods: "Generality" and "Originality." The analyses reveal that there is a significant relationship between patents and TFP; however, each unit of patent contributes relatively little to TFP.
Keywords Total factor productivity
Industry of manufacture
Sector of use
Rights Statement Copyright restrictions apply. Contact the author for permission to publish.
Extent 77 p. : ill. ; 29 cm.
Note (thesis) Senior Thesis - Colorado College
Note (bibliography) Bibliography : p. 74-77
Publisher Colorado College
Place of Publication Colorado Springs, Colorado
Language eng
OCLC Identifier 162107829
Handle http://hdl.handle.net/10176/coccc:2968
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Created: Wed, 12 May 2010, 11:45:52 MST by Cindy Tappan . Detailed History