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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - CESifo - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
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Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown
Daveri, Francesco; Parisi, Maria Laura - CESifo - 2010
We investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10008583733
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Incentives and Creativity in Groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - CESifo - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10010690377
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010670799
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Timing of Technology Adoption and Product Market Competition
Milliou, Chrysovalantou; Petrakis, Emmanuel - CESifo - 2009
This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10005034642
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Did bank lending stifle innovation in Europe during the great recession?
Peia, Oana; Romelli, Davide - 2019
external finance, to identify a causal effect of bank credit supply on firm investment in innovation. We show that firms that …
Persistent link: https://www.econbiz.de/10012137482
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Immigration and innovation : evidence from Canadian cities
Blit, Joel; Skuterud, Mikal; Zhang, Jue - 2017
Canadian immigrants to innovation is, in large part, explained by the low employment rates of Canadian STEM-educated immigrants …
Persistent link: https://www.econbiz.de/10012064015
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Is increasing productivity COVID-19's silver lining?
Blit, Joel - 2020
Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources, which in turn increase aggregate productivity and lead to a higher standard of living. I present evidence suggesting that the same is true in Canada. In...
Persistent link: https://www.econbiz.de/10012241594
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The real exchange rate, innovation and productivity : regional heterogeneity, asymmetries and hysteresis
Alfaro, Laura; Cuñat, Alejandro; Fadinger, Harald; … - 2018
-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …
Persistent link: https://www.econbiz.de/10011857584
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The real exchange rate, innovation and productivity
Alfaro, Laura; Cuñat, Alejandro; Fadinger, Harald; … - 2017
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In emerging Asia, real depreciations are associated with faster growth of...
Persistent link: https://www.econbiz.de/10011798860