研究者情報 | 神奈川大学

シナガワ　シュンスケ Shinagawa Shunsuke 品川　俊介所属神奈川大学経済学部経済学科/現代ビジネス学科神奈川大学大学院経済学研究科経済学専攻（公共政策コース）職種准教授
言語種別	英語
発行・発表の年月	2013/01
形態種別	学術雑誌
査読	査読あり
標題	Endogenous Fluctuations with Procyclical R&D
執筆形態	単著
掲載誌名	Economic Modelling
掲載区分	国外
出版社・発行元	Elsevier
巻・号・頁	30,pp.274-280
著者・共著者	Shunsuke Shinagawa
概要	The literature on endogenous growth cycles predicts the countercyclical allocation of resources to R&D. However, this prediction is not supported by empirical studies. This study considers the R&D-based growth model with endogenous fluctuations introducing population growth and a negative externality that affects the productivity of R&D. We show that this simple modification makes R&D investment procyclical along sustained business cycles using both an overlapping generation framework and an infinitely-lived agent framework.
DOI	http://dx.doi.org/10.1016/j.econmod.2012.09.024