We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …

-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production … and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions …, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the …

characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …

In this paper I evaluate the contribution of R&D investments to productivity growth. The basis for the analysis are the … resources devoted to R&D and the growth rate of technology. Since innovators are small, this relationship is not directly … externalities. The resulting contribution of R&D to productivity growth in the US is smaller than three to five tenths of one …

United States, I find no econometric evidence that computer investment is positively linked to TFP growth (over and above its … is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …

, especially efforts to raise the rate of investment. Recent studies of economic growth have raised a debate over the role played … by the investment rate in the long-run performance of the economy. Evidence from the states suggests that the effects of … indicate a substantial role for human capital accumulation in raising productivity, in contrast to the neoclassical focus on …

overall productivity level of the economy. A comprehensive income tax, applying to both labour income and capital income … productivity, the adverse effect of income taxation on human capital investments is significantly magnified …

Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …

return to Ukraine after the war has ended, are likely to have the greatest impact on long-run scientific productivity in …