Showing 1 - 10 of 125
diffusion of regional knowledge spillovers. These complementary approaches have, however, rarely been combined. Important … regional innovation systems, and knowledge and socio-economic spillovers. This approach allows the discrimination between the … influence of internal factors and external knowledge and institutional flows on regional economic growth. The empirical results …
Persistent link: https://www.econbiz.de/10011071557
three questions (a) What is the source of knowledge flows? (b) To what extent do such flows contribute to productivity …This paper explores the role of knowledge flows and TFP growth by using direct survey data on knowledge flows linked to … firm-level TFP growth data. Our knowledge flow data correspond to the kind of information flows often argued, especially by …
Persistent link: https://www.econbiz.de/10011071306
Persistent link: https://www.econbiz.de/10005625922
The recent work on misallocation argues that aggregate productivity in poor countries is low because various market …
Persistent link: https://www.econbiz.de/10010884565
We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications … higher rates of physical capital accumulation and greater total factor productivity gains. These (relatively) high rates of …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …
Persistent link: https://www.econbiz.de/10010745276
either political equilibriums or inaccurate assumptions about the most cost-effective allocation of the funds, the sources of … weak association between socio-economic disadvantage and European Union funding. Corrections in allocation mechanisms are …
Persistent link: https://www.econbiz.de/10010745669
In this paper we propose to measure inequality of educational achievements by constructing a Gini index on educational attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational achievements (in terms of both the average attainments...
Persistent link: https://www.econbiz.de/10010745976
This paper analyses optimal irreversible investment policy when profits are subject to a multiplicative geometric Brownian motion shock. The marginal product of capital is increasing initially and decreasing thereafter. In the latter range, optimal policy is familiar: capacity is added gradually...
Persistent link: https://www.econbiz.de/10010746585
While instructional time is viewed as crucial to learning, little is known about the effectiveness of reducing absences relative to increasing the number of school days. In this regard, this paper jointly estimates the effect of absences and length of the school calendar on test score...
Persistent link: https://www.econbiz.de/10011126031
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the “very unhappy” and the...
Persistent link: https://www.econbiz.de/10011126047