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Information Technology, Efficient Restructuring and the Productivity Puzzle
Grüner, Hans Peter - C.E.P.R. Discussion Papers - 2007
(ICT). But why have the same technologies not similarly increased Europe's labour productivity? This paper provides a … improvement in the ICT can yield significant increases in labour productivity if - and only if - the organization is drastically …
Persistent link: https://www.econbiz.de/10005124167
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European Economic Growth, 1950-2005: An Overview
Crafts, Nicholas; Toniolo, Gianni - C.E.P.R. Discussion Papers - 2008
This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the...
Persistent link: https://www.econbiz.de/10005124329
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Together but Apart: ICT and Productivity Growth in Israel
Lach, Saul; Shiff, Gil; Trajtenberg, Manuel - C.E.P.R. Discussion Papers - 2008
the US productivity revival and in the evolving US-EU productivity gap. In Israel, the ICT sector grew very rapidly during … the success of the ICT sector. The main goal of this paper is to shed light on these twin developments. We use newly … constructed data on industry-level ICT investments between 1990 and 2003 and estimate production functions for manufacturing …
Persistent link: https://www.econbiz.de/10005124405
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Knowledge Spillovers, ICT and Productivity Growth
Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cecilia - C.E.P.R. Discussion Papers - 2014
member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …
Persistent link: https://www.econbiz.de/10011084334
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Network Security: Vulnerabilities and Disclosure Policy
Choi, Jay-Pil; Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2007
Software security is a major concern for vendors, consumers, and regulators since attackers that exploit vulnerabilities can cause substantial damages. When vulnerabilities are discovered after the software has been sold to consumers, the firms face a dilemma. A policy of disclosing...
Persistent link: https://www.econbiz.de/10005124065
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How Licensing Resolves Hold-Up: Evidence from a Dynamic Panel Data Model with Unobserved Heterogeneity
Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006
This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It will have different effects on firms' R&D incentives depending on whether firms license existing or future patents. Building on a model of a patent portfolio race, firms'...
Persistent link: https://www.econbiz.de/10005504462
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A Full Equilibrium Relevant Market Test: Application to Computer Servers
Ivaldi, Marc; Lörincz, Szabolcs - C.E.P.R. Discussion Papers - 2005
The paper defines, implements and compares two empirical tests of relevant markets. While the traditional SSNIP test compares an initial industry equilibrium to an out-of-equilibrium situation, the FERM test, our contribution, compares the same initial equilibrium to an other equilibrium...
Persistent link: https://www.econbiz.de/10005662392
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Jostling for Advantage: Licensing and Entry into Patent Portfolio Races
Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006
Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives depend on whether they license ex ante or ex post. We develop a model of a patent portfolio race, which allows for endogenous R&D efforts, to study firms’ choice between ex ante and ex post...
Persistent link: https://www.econbiz.de/10005661516
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The Impact of 'Rollover' Contracts on Switching Costs in the UK Voice Market: Evidence from Disaggregate Customer Billing Data
Crawford, Gregory S; Tosini, Nicola; Waehrer, Keith - C.E.P.R. Discussion Papers - 2011
In February 2008, British Telecommunications (BT) introduced automatically renewing, or ‘rollover’, contracts into the UK market for fixed-voice telephone service. These contracts included a 12-month Minimum Contract Period (MCP) with associated Early Termination Charges (ETCs). Unless...
Persistent link: https://www.econbiz.de/10009385761
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Welfare Analysis of Regulating Mobile Termination Rates in the UK (with an Application to the Orange/T-Mobile Merger)
Harbord, David; Hoernig, Steffen - C.E.P.R. Discussion Papers - 2010
This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008468563