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relationship between agglomeration externalities and the level of education. While the positive relationship between economic … relationship between density and productivity for workers with different types of education. Apart from estimating the impact of … aggregate density, we also estimate whether the composition of the local labor market in terms of education is related to the …
Persistent link: https://www.econbiz.de/10011261931
This study analyses the relation between education and commuting behaviour of Dutch workers. Results show that, ceteris …
Persistent link: https://www.econbiz.de/10011257066
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this question, a model of endogenous technological change is used where sustained growth stems from intentional investments in R&D from profit-maximizing firms. The uncertainty arises...
Persistent link: https://www.econbiz.de/10011255608
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...
Persistent link: https://www.econbiz.de/10011256297
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10011257059