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dc.contributor.authorOh, Young-Hoen
dc.date.accessioned2014-03-14T21:39:10Zen
dc.date.available2014-03-14T21:39:10Zen
dc.date.issued1994en
dc.identifier.otheretd-06232009-063424en
dc.identifier.urihttp://hdl.handle.net/10919/43448en
dc.description.abstractThe relationships between technological change and economic growth, and research and development and economic growth in the manufacturing sector of Korea were investigated. This study was based on an analysis of capital and labor input, research and development (R&D) stock, productivity, and output data for the period of 1971-1989. The effects of technological change and other factor inputs on economic growth were examined using ordinary least squares regression and generalized least squares in the Cobb-Douglas production function. As expected, the results indicated that there is a significant relationship between technological change and output growth. A strong relationship was also found between Research and Development (R&D) and output growth. And the results indicate that R&D stock accumulated domestically has a positive correlation with the stock of imported technology. The rate of return to R&D investment was estimated at 64 percent and was reduced to 20 percent with consideration of the time lag between R&D investment and the application and commercialization of the R&D innovation. The rate of return to imported technology stock was found larger than that of R&D stock accumulated domestically. A description of the theoretical framework, the methodology applied, and the detailed results are included.en
dc.format.extentvii, 63 leavesen
dc.format.mediumBTDen
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherVirginia Techen
dc.relation.isformatofOCLC# 31827629en
dc.relation.haspartLD5655.V855_1994.O4.pdfen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subject.lccLD5655.V855 1994.O4en
dc.subject.lcshIndustrial productivity -- Korea (South)en
dc.subject.lcshResearch, Industrial -- Korea (South)en
dc.subject.lcshTechnological innovations -- Economic aspects -- Korea (South)en
dc.subject.lcshKorea (South) -- Economic conditions – 1960-1988en
dc.titleThe impact of technological change on economic growth in the manufacturing sector of Koreaen
dc.typeThesisen
dc.contributor.departmentEconomicsen
dc.description.degreeMaster of Artsen
thesis.degree.nameMaster of Artsen
thesis.degree.levelmastersen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.disciplineEconomicsen
dc.type.dcmitypeTexten
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-06232009-063424/en
dc.date.sdate2009-06-23en
dc.date.rdate2009-06-23en
dc.date.adate2009-06-23en


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