Showing 1 - 10 of 133
additional factor input. We use patent applications to proxy for knowledge/technology stocks and adjust labor hours for changes … significant long run effect of public capital, private capital, skilladjusted labor, and technology/ knowledge on private sector …
Persistent link: https://www.econbiz.de/10005263996
This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses. This paper presents a simple econometric model that...
Persistent link: https://www.econbiz.de/10011243069
mining companies. Private investment is projected to increase from 17.8 percent of GDP in 2012 to more than 40 percent in …
Persistent link: https://www.econbiz.de/10011243561
The failure of the neoclassical growth model to account for differences in output per worker across countries has suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper discusses various measures of productivity and its...
Persistent link: https://www.econbiz.de/10005264011
This paper investigates the main postulations of the R&D based growth models that innovation is created in the R …&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R …&D. The analysis employs various panel data techniques and uses patent and R&D data for 20 OECD and 10 Non-OECD countries for …
Persistent link: https://www.econbiz.de/10005826633
benchmark measure of technological progress is given by data on patent applications in the U.S. over the period 1889-2002. The … a result of the arrival of new technology, whereas the post-World War II period does not. Positive effects of technology …
Persistent link: https://www.econbiz.de/10005768749
Do tax incentives for science and technology stimulate additional investment? We use detailed data on applications and … acceptances for R&D tax incentives, a special survey, and for the first time, the science and technology module from the 2000 …
Persistent link: https://www.econbiz.de/10005768986
This paper constructs a data set to document firms' expenditures on an identifiable list of intangible items and examines the implications of treating intangible spending as an acquisition of final (investment) goods on GDP growth for Canada. It finds that investment in intangible capital by...
Persistent link: https://www.econbiz.de/10008540916
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the...
Persistent link: https://www.econbiz.de/10005599272
The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests there are two long-run cointegrating relationships. The...
Persistent link: https://www.econbiz.de/10005605296