2nd GAPE Web Seminar (Spring 2022). Κ. Ν. Konstantakis et al: Sector Size, Market Structure and R&D in Austria: Testing the Schumpeterian Hypothesis using Dynamic Panel Data Analysis"

Στις 16 Ιουνίου και ώρα 18:00 θα πραγματοποιηθεί το δεύτερο διαδικτυακό σεμινάριο της ΕΕΠΟ για την Άνοιξη 2022. Το σεμινάριο θα πραγματοποιηθεί από τους Κ. Ν. Konstantakis, Ι. G. Melissaropoulos, P. G. Michaelides (National Technical University of Athens) και D. Boegenhold (Alpen Adria University of Klagenfurt) με τίτλο "Sector Size, Market Structure and R&D in Austria: Testing the Schumpeterian Hypothesis using Dynamic Panel Data Analysis".

Meeting Information

Date: June 16, 2022. Time: 18:00 (Local Time)

Meeting link:

https://uoa.webex.com/uoa/j.php?MTID=m94e409c7641c642f2fc4980f88205488

Meeting number: 2732 235 7662

Abstract of the seminar

The present paper investigates whether size and market structure affect technological change at the sectoral level for the Austrian economy, testing thus a version of the so-called Schumpeter Hypothesis. In this context, we make use of panel data analysis for the fourteen (14) main sectors of economic activity in Austria. In order to econometrically investigate the theoretical research question, we employ dynamic panel data models and time series techniques. Based on the empirical results, we find that large but not monopolistic economic units tend to invest more in technology and, hence, our findings are partly consistent with Schumpeter’s hypothesis.

Keywords: Schumpeter Hypothesis, Size, Market Structure, R&D, Panel, Austria