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This book investigates the relationship between Research and Development (R&D) expenditures and economic performance in the United States. Building upon Robert Solow's theory of Total Factor Productivity (TFP), the author examines how technological investment influences the growth and performance of the U.S. economy. The study addresses key questions regarding the connections among TFP, Gross National Product (GNP), and Gross Domestic Product (GDP), and explores the time lag between R&D spending and GDP growth, which averages eleven years. The findings have implications for policymakers and industry leaders, particularly concerning the effects of the 2009 U.S. stimulus program.

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245: $a: The Impacts of Research and Development Expenditures
245: $b:
082: $a:
100: $a: John J. Wetter
650: $a: Economics
250: $a:
440: $v:
250: $b: Springer
250: $c: 2011
020: $a: 978-1-4419-7530-0
300: $a: 129