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Depreciation Rate of R & D Capital : Panel Data Analysis of Listed Firms in Japanese R & D-intensive Industries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Sakai, Hirotsugu |
| Copyright Year | 2016 |
| Abstract | Research and development (R&D) capital is thought to be at the core of technological progress. To measure the effect of R&D capital correctly, the knowledge of its depreciation rate is required. However, few studies have paid attention to the depreciation rate of R&D capital for recent Japanese firms. This study estimates the depreciation rate of R&D capital by two methods using panel data of listed Japanese firms in R&D-intensive industries. The results show that the rates are higher than the conventionally accepted 15 percent and those estimated by previous studies for Japanese firms. © 2016 AESS Publications. All Rights Reserved. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.aessweb.com/pdf-files/AEFR-2016-6(4)-196-205.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Depreciation Estimated Panel data Research and Development |
| Content Type | Text |
| Resource Type | Article |
