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In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI. A general result is that the optimistic Heckscher- Ohlin/Stolper-Samuelson predictions do not apply, that is neither employment creation nor the decrease in within-country...
Persistent link: https://www.econbiz.de/10005822450
This paper discusses the link between R&D and productivity across the European industrial and service sectors. The … impact on labour productivity; this general result is largely consistent with previous literature in terms of the sign, the …, R&D investment is not the sole source of productivity gains; technological change embodied in gross investment is of …
Persistent link: https://www.econbiz.de/10005078574
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10009323394
The aim of this study is to investigate the relationship between a firm's R&D activities and its productivity using a …'s productivity, with an overall elasticity of about 0.125; this general result is largely consistent with previous literature in … impact on productivity of their R&D investments, at least as regards top European R&D investors. …
Persistent link: https://www.econbiz.de/10005703373
, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that – if the aim is to leverage companies' productivity – emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …
Persistent link: https://www.econbiz.de/10008497587
The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …
Persistent link: https://www.econbiz.de/10008876557