Showing 1 - 10 of 156
We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …
Persistent link: https://www.econbiz.de/10010745929
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10011071454
This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms …
Persistent link: https://www.econbiz.de/10010745353
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive effect from technology (knowledge) spillovers and a...
Persistent link: https://www.econbiz.de/10011126004
the lower productivity, more labour-intensive service sectors of the economy to improve their poor employment performance. …
Persistent link: https://www.econbiz.de/10010745346
estimates of the tax_price elasticity of R&D and the effect of R&D on productivity. For the latter we allow R&D to have an …
Persistent link: https://www.econbiz.de/10010928789
growth and major strands of the empirical literatures on R&D, productivity growth, and productivity convergence. Starting … foundations for the reduced-form equations for Total Factor Productivity (TFP) growth frequently estimated empirically using …-run cross-country differences in productivity emerge endogenously, and the analysis implies that many existing studies …
Persistent link: https://www.econbiz.de/10010884730
What policies and institutions are needed to sustain long-run growth in the UK? We describe an optimistic story of the UK economy over the past 30 years. From the late 1970s, the UK reversed a century of relative decline in terms of per capita GDP with our main counterparts in the US, France and...
Persistent link: https://www.econbiz.de/10011125977
which international trade leads to productivity growth. Finally, using the estimated parameters, simulations evaluate the …
Persistent link: https://www.econbiz.de/10010745785
Using a dynamic model of a step-by-step innovation race between financially constrained firms, I study how financial constraints affect innovation activity. The novel theoretical results derive from an analysis of the interaction between the incentive effect of competition on innovation and the...
Persistent link: https://www.econbiz.de/10010745834