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Is corporate R&D investment in high-tech sectors more effective? : some guidelines for European Research Policy

Ortega-Argilés, Raquel; Piva, Mariacristina; Potters, … - 2009

This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data and on a unique micro longitudinal database consisting of 532 top European R&D investors. The main conclusions...

Persistent link: https://www.econbiz.de/10003796272

Instability of the Eurozone? : On monetary policy, house prices and labor market reforms

Belke, Ansgar (contributor); Gros, Daniel (contributor) - 2007

"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...

Persistent link: https://www.econbiz.de/10003429626

How to deal with sovereign default in Europe : create the European monetary fund now

Gros, Daniel; Mayer, Thomas - 2010

Persistent link: https://www.econbiz.de/10008668358

The job creation effect of R&D expenditures

Bogliacino, Francesco; Vivarelli, Marco - 2010

In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D...

Persistent link: https://www.econbiz.de/10003937885

Mums and their sons, dads and their daughters : panel data evidence of interdependent marginal utilities across 14 EU countries

Molina, José Alberto (contributor); … - 2007

EU countries. To assess the robustness of these correlations, we use siblings in the Panel and we investigate the …

Persistent link: https://www.econbiz.de/10003579987

Innovation and employment in patenting firms : empirical evidence from Europe

Van Roy, Vincent; Vertesy, Daniel; Vivarelli, Marco - 2015

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which...

Persistent link: https://www.econbiz.de/10011288522

Health status and the allocation of time : cross-country evidence from Europe

Gimenez-Nadal, J. Ignacio; Molina, José Alberto - 2014

This paper analyzes the relationship between reported health status and time allocation decisions in six European countries. Using the Multinational Time Use Study, we find that a better perception of own health is associated with less time devoted to sleep, personal care, and non-market work,...

Persistent link: https://www.econbiz.de/10010434852

The transatlantic productivity gap : is R&D the main culprit?

Ortega-Argilés, Raquel; Piva, Mariacristina; … - 2011

these transatlantic differences may be related to the different sectoral structures in the US and the EU, we differentiated … change ; US ; EU …

Persistent link: https://www.econbiz.de/10009235193

The productivity impact of R&D investment : a comparison between the EU and the US

Castellani, Davide; Piva, Mariacristina; Schubert, Torben; … - 2016

Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU …-tech sectors. Our results also show that the US/EU productivity gap has worsened during the crisis period, as the EU companies have …

Persistent link: https://www.econbiz.de/10011476418

Adjustment Difficulties and Debt Overhangs in the Eurozone Periphery

Gros, Daniel - 2011

This paper describes four key drivers behind the adjustment difficulties in the periphery of the eurozone: • The adjustment will be particularly difficult for Greece and Portugal, as two relatively closed economies with low savings rates. Both of these countries combine high external debt...

Persistent link: https://www.econbiz.de/10013122004