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, innovative property and economic competencies – has been rising significantly. This has implications for innovation and … productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and … structural reforms offer the most cost-effective approach to raising investment in KBC, there is a role for innovation policies …
Persistent link: https://www.econbiz.de/10011276889
This paper explores the growing importance of intangible assets as a potential source of innovation and productivity … gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …'analyse<BR>Cette étude examine le potentiel des actifs intangibles comme source d’innovation et de gains de productivité, ainsi que la …
Persistent link: https://www.econbiz.de/10011276904
these measures of innovation intensity and MFP growth. Innovation-specific policies such as R&D tax incentives, direct … – proxied by R&D expenditure and the number of new patents – across 19 OECD countries. The relationship between innovation … indicators and multifactor productivity (MFP) growth is also examined with a particular focus on the role of public policies in …
Persistent link: https://www.econbiz.de/10011276845
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run … including: <I>i</I>) measuring welfare gains from product innovation; <I>ii</I>) competition and efficiency in e …-commerce, education, and health care; and <I>iii</I>) interactions between product- and factor-market competition ... La concurrence, l'innovation …
Persistent link: https://www.econbiz.de/10005045849
much better than the Barro and Lee (1996) or Nehru <I>et al.</I> (1995) series in a number of growth specifications. We … on the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we …
Persistent link: https://www.econbiz.de/10005045843
The recent period of sustained high growth in the United States has drawn attention to its financial system and the … allocation and growth. It provides evidence suggesting that legal and regulatory framework conditions for financial systems, and … particularly their enforcement and transparency, support innovation and investment in new enterprises. In addition, using dynamic …
Persistent link: https://www.econbiz.de/10005046107
productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition … enabling factors are examined in the context of a scenario, whereby MFP growth at the technological frontier is ½ percentage … significantly more from higher frontier growth than could be expected based on their trade openness alone. In turn, evidence on the …
Persistent link: https://www.econbiz.de/10011276858
In contrast to what has happened throughout the 1960s and 1970s, some of the largest EU countries and Japan are no longer closing the income gap vis-à-vis the United States. Worse, the gap may even be widening since the mid-1990s. While in the case of Japan the gap in GDP per capita is...
Persistent link: https://www.econbiz.de/10005045617
Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy … reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic … growth – contained in Going for Growth and the Economic Outlook – and attempts to establish whether they underpin …
Persistent link: https://www.econbiz.de/10011276802
vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always … identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of …
Persistent link: https://www.econbiz.de/10005045612