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I use data from the World Input-Output Database and show that trade in information technologies (IT) has a significant contribution to the growth in foreign intermediate goods in the 2001-2014 period. China has strongly contributed to the rise in trade in IT and has become one of the major...
Persistent link: https://www.econbiz.de/10013246467
We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase … productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … price of ICT goods and services in a structural VAR with medium-run restrictions. Using local projections to estimate the …
Persistent link: https://www.econbiz.de/10013314751
Does access to information and communication technologies (ICT) increase innovation? We examine this question by … induced by ICT are exclusively science-related and stem from fields where knowledge can be codified easily. In contrast, we …
Persistent link: https://www.econbiz.de/10013315141
in ICT for urban structure. We find robust evidence that increases in the number of telephone lines per capita lead to a …
Persistent link: https://www.econbiz.de/10013316963
effect goes beyond the employment of R&D workers, extending to ICT and other techies. In non-manufacturing firms, the impact … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …
Persistent link: https://www.econbiz.de/10014348039
KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual … types of capital and allow for differences in the elasticities of substitution between labor, an aggregate of ICT and IP … capital, and traditional capital. The estimated elasticities of substitution between ICT and IP capital are strictly below one …
Persistent link: https://www.econbiz.de/10014243755
This paper studies how information and communication technology (ICT) affects the firm geographic organization and its … implications on aggregate efficiency. ICT can widen firms' geographic span of control by reducing their internal communication … firms endogenously adopt ICT, choose multiple production locations, and trade domestically. I estimate the model by …
Persistent link: https://www.econbiz.de/10014377427
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether 'old' and 'new' EU countries are rated differently and to determine whether 'new' ones are assigned lower ratings, ceteris paribus, than 'old' ones. We...
Persistent link: https://www.econbiz.de/10010270550
The harmonized European value-added tax (VAT) is anything but a modern consumption tax that taxes all goods and services at a uniform rate. As exemplified by an analysis of the Dutch version, some 60% of the base is exempted, that is, not taxed on output but on inputs. This has serious...
Persistent link: https://www.econbiz.de/10012834353
This paper discusses lessons that other regions could learn from European Union's effort to implement carbon pricing through EU Emission Trading System (EU ETS). Our lessons are, first of all, that a cap-and-trade system like EU ETS is very helpful in guaranteeing a credible and binding...
Persistent link: https://www.econbiz.de/10012836008