Impact of R&D Expenditures on the Relationship of TFP and GDP

The Impacts of Research & Development Expenditures on The Relationship Between Total Factor Productivity & US Gross Domestic Product Performance. This book explores and explains how changes in investments/expenditures in Research and Development will impact US Gross Domestic Product outputs. It uses the independent variable of Total Factor Productivity to show impact to the dependent variable of Gross Domestic Product when mediation is considered. The mediator variable is Research and Development expenditures.