Showing 1 - 10 of 143
industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence … its own stagnating productivity growth. Moreover, the industry has not yet exhausted opportunities for tackling existing X …
Persistent link: https://www.econbiz.de/10005412877
In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …
Persistent link: https://www.econbiz.de/10005118788
transmission. A model is presented in which R&D investments towards product innovations trigger total factor productivity growth at … spill over to these industries. The model predicts that total factor productivity levels are positively related to both own …
Persistent link: https://www.econbiz.de/10005118818
In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects...
Persistent link: https://www.econbiz.de/10005124917
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
national innovation systems. The study also analyses the factors behind this industry's poor productivity growth. A scenario …
Persistent link: https://www.econbiz.de/10005134465
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...
Persistent link: https://www.econbiz.de/10005062447
Following up on a previous paper by the same author on the contribution of ICT capital to growth and labor productivity … telecommunication equipment to output growth and labor productivity between 1995 and 2000 in most countries featured in the study was … in output and labor productivity and hence accelerate the process of catching-up. The relatively large contribution of …
Persistent link: https://www.econbiz.de/10005555980
1970 to 1991. I confirm, first, earlier findings that R&D expenditures are positively related to productivity levels, and … find that the benefit derived from foreign R&D in the same industry is in the order of 50-95% of the productivity effect of … effective in raising productivity as own-industry R&D for these industries. …
Persistent link: https://www.econbiz.de/10005555998
productivity in a number of developed countries in the 1990’s. There are however no studies, which would estimate the contribution … of ICT to growth and productivity in post-communist, transition economies. Data availability, consistency, and … framework, at estimating the contribution of investment in ICT to output growth and labor productivity in Poland, the largest …
Persistent link: https://www.econbiz.de/10005556009