Showing 1 - 9 of 9
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10011255487
We develop a model of an economy with several regions, which differ in scale. Within each region, workers have to search for a job-type that matches their skill. They face a trade-off between match quality and the cost of extended search. This trade-off differs between regions, because search is...
Persistent link: https://www.econbiz.de/10011255840
We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education.Hence, a given compression of after-tax incomes can...
Persistent link: https://www.econbiz.de/10011256508
I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the distance‐dependent elasticity of substitution (DIDES)...
Persistent link: https://www.econbiz.de/10011256847
Persistent link: https://www.econbiz.de/10005853079
This paper examines the links between innovation and productivity in service enterprises. For this purpose, we use … micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and estimate an augmented … structural model. Our results indicate that innovation in service enterprises is linked to higher productivity. In all three …
Persistent link: https://www.econbiz.de/10011183308
innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994-2002. We find that innovation behaviour is permanent at …
Persistent link: https://www.econbiz.de/10005118744
process innovations, this paper reports new results on the relationship between innovation and employment growth in Germany … CIS data. It establishes a theoretical link between employment growth and innovation output. The econometric analysis …
Persistent link: https://www.econbiz.de/10005118792
This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to pro duct innovation …
Persistent link: https://www.econbiz.de/10011256679