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Persistent link: https://www.econbiz.de/10010552468
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less …
Persistent link: https://www.econbiz.de/10005822470
This paper examines the relationship between the brain drain and country size, as well as the extent of small states’ overall loss of human capital. We find that small states are the main losers because they i) lose a larger proportion of their skilled labor force and ii) exhibit stronger...
Persistent link: https://www.econbiz.de/10005822707
This paper examines the relative contribution of openness and the R&D content of trade to TFP growth for North … imposes identical contributions of openness and the R&D content of trade to TFP. We allow these contributions to differ and … show that openness has a greater impact on TFP growth than R&D. These results imply that the impact of openness on TFP in …
Persistent link: https://www.econbiz.de/10005763872
Paper addresses the recent initiatives of EU Lisbon Agenda to increase level of R&D expenses in EU Member States by studying firm-level panel data in most advanced transition economy, Slovenia. Previous empirical literature - mainly cross-sectional - has tested the demand-pull hypothesis and...
Persistent link: https://www.econbiz.de/10005761655
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the …
Persistent link: https://www.econbiz.de/10005761854
Using a matched employer-employee data-set, we analyze how workforce diversity in terms of cultural background, education and demographic characteristics affects the productivity of firms in Denmark. Implementing a structural estimation of the firms' production function (Ackerberg et al. 2006),...
Persistent link: https://www.econbiz.de/10011271982
This paper argues that international migration of high-skilled workers triggers productivity effects at the macro level such that the wage rate of skilled workers may rise in host countries and decline in source countries. We exploit a recent data set on international bilateral migration flows...
Persistent link: https://www.econbiz.de/10010670821
Economic theory has identified a number of channels through which openness to international financial flows could raise … productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …
Persistent link: https://www.econbiz.de/10005822435
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency changed in response to changing competitive...
Persistent link: https://www.econbiz.de/10005822655