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Economic Commentary

Can R&D Be the Rx for the Midwest?

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Vital to a region's long-run economic growth is the ability of its manufacturing sector to improve product quality and to introduce more technologically advanced products. For the Midwest, research and development spending has been low compared with spending by firms on the East and West coasts. The authors examine whether this shortfall has been significant in the relationship between Midwest firms' R&D expenditures and their sales.

01.15.1990EC 1/15/1990

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Melkers, Julia, and Randall Eberts. 1990. “Can R&D Be the Rx for the Midwest?” Federal Reserve Bank of Cleveland, Economic Commentary 1/15/1990.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International