Showing 1 - 10 of 1,385
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10012459669
-producing country such as the U.S. is associated with a 0.15% lower level of productivity. Second, technological knowledge has become … more global over the sample period. As a determinant of productivity, foreign R&D has significantly gained in importance …
Persistent link: https://www.econbiz.de/10012471267
While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor...
Persistent link: https://www.econbiz.de/10012465568
In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the …
Persistent link: https://www.econbiz.de/10012473032
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …
Persistent link: https://www.econbiz.de/10012474506
This paper deals with the international effects of taxation. Tax policies have profound effects on the temporal composition and on the intertemporal evolution of the macro economy. The analysis highlights key issues pertinent for the understanding of international effects of domestic tax...
Persistent link: https://www.econbiz.de/10012476126
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in … relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions … finding that the impact of upstream regulations on total factor productivity can be sizeable, and they provide evidence that a …
Persistent link: https://www.econbiz.de/10012459134
We analyze how variations in contractibility affect the design of contracts in the context of biotechnology research agreements. A major concern of firms financing biotechnology research is that the R&D firms might use the funding to subsidize other projects or substitute one project for...
Persistent link: https://www.econbiz.de/10012467392
Evidence on the 'funding gap' for R&D is surveyed. The focus is on financial market reasons for underinvestment in R&D that persist even in the absence of externality-induced underinvestment. The conclusions are that 1) small and new innovative firms experience high costs of capital that are...
Persistent link: https://www.econbiz.de/10012469942
In evaluating the effect of an R&D subsidy we need to know what the subsidized firm would have spent on R&D had it not received the subsidy. Using data on Israeli manufacturing firms in the 1990s we find evidence suggesting that the R&D subsidies granted by the Ministry of Industry and Trade...
Persistent link: https://www.econbiz.de/10012470793