Media type: E-Book Title: R&D expenditure in G7 countries and implications for endogenous fluctuations and growth Contributor: Wälde, Klaus [Author]; Woitek, Ulrich [Author] imprint: Dresden: Techn. Univ., Fak. Wirtschaftswiss., 2003 Published in: Dresden discussion paper series in economics ; 200303 Extent: Online-Ressource (8 S.); graph. Darst Language: English Identifier: Keywords: 1973-1997 ; Forschungskosten ; Konjunktur ; Endogenes Wachstumsmodell ; Schätzung ; G7-Staaten ; Graue Literatur ; Arbeitspapier Origination: Footnote: Systemvoraussetzungen: Acrobat Reader Description: The literature on endogenous growth cycles predicts countercyclical R&D expenditure. Aggregate R&D expenditure in G7 countries from 1973 to 1997 seems to be procyclical. Implications for future theoretical research are discussed. Access State: Open Access