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advantages between countries. In particular the different factor specific impacts of ICT and non-ICT capital stocks give a more …
Persistent link: https://www.econbiz.de/10004963835
Over the past decade, research explaining cross country income differences has increasingly pointed to the dominant role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief that a country's ability to absorb and implement...
Persistent link: https://www.econbiz.de/10010784001
This paper empirically assesses whether the deployment and use of Information and Communication Technology (ICT … partners. The analysis tests the hypothesis that availability and use of ICT enhances trade by reducing transaction costs and … through network effects that materialize when both trading partners are advanced users of ICT. The empirical analysis is based …
Persistent link: https://www.econbiz.de/10009416911
In this paper, we examine beta-convergence of real per-capita income of Chinese counties. We account for both the spatial dependences between counties and the possibility of different convergence regimes. The first feature is captured by the spatial error term, whereas the second one is modeled...
Persistent link: https://www.econbiz.de/10009021613
In this paper, we propose an indicator of the homeownership rate based on Internet ads offering the housing for rent and sale. We constructed the HOR estimate using the number of ads in four different markets (flats for rent, flats for sale, houses for rent, and houses for sale). Our HOR...
Persistent link: https://www.econbiz.de/10009360168
The international transmission of knowledge through import spillovers, as a source of TFP growth, has received much attention in the literature. We investigate two additional direct channels through which R&D disseminates: the import of high-technology goods and the internationalization of...
Persistent link: https://www.econbiz.de/10011128847
In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the...
Persistent link: https://www.econbiz.de/10009651335
Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon countries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist...
Persistent link: https://www.econbiz.de/10010896211
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10004963803
The neoclassical growth model predicts convergence of productivity or per capita output levels across regions. If participation in the labor force is constant, convergence of per capita income is implied. We investigate this hypothesis for the Iranian economy using data on demand deposits as a...
Persistent link: https://www.econbiz.de/10004963853