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Persistence of innovation in Dutch manufacturing : is it spurious?
Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2006
This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000. We estimate by maximum likelihood a dynamic...
Persistent link: https://www.econbiz.de/10010276134
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A Panel Data Model with Generalized Higher-Order Networks Effects
Baltagi, Badi H.; Ding, Sophia; Egger, Peter H. - 2020
Many data situations require the consideration of network effects among the cross-sectional units of observation. In this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the right-hand side of the model, namely through weighted...
Persistent link: https://www.econbiz.de/10012425559
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...
Persistent link: https://www.econbiz.de/10010317010
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A Panel Data Model with Generalized Higher-Order Networks Effects
Baltagi, Badi H.; Ding, Sophia; Egger, Peter H. - 2021
Many data situations require the consideration of network effects among the cross-sectional units of observation. In this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the right-hand side of the model, namely through weighted...
Persistent link: https://www.econbiz.de/10013315048
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The Impact of Tax Uncertainty on Irreversible Investment
Niemann, Rainer - 2021
that anticipate the actual tax base incorrectly. I analyze the effects of stochastic taxation on investment behavior in a … the effects of both tax base and tax rate uncertainty, the investment's tax payment is modelled as a stochastic process …. Increased tax uncertainty has an ambiguous impact on investment timing. The view that tax uncertainty depresses real investment …
Persistent link: https://www.econbiz.de/10013316889
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Let's Switch to the Cloud : Cloud Adoption and Its Effect on IT Investment and Productivity
Duso, Tomaso; Schiersch, Alexander - 2022
IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …
Persistent link: https://www.econbiz.de/10014076705
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Pro-Cyclical Petroleum Investments and Cost Overruns in Norway
Dahl, Roy Endré; Lorentzen, Sindre; Oglend, Atle; … - 2016
Development projects in the oil industry often have cost overruns. Through analysis of data from Norwegian development projects in the petroleum industry, this paper investigates the common effect of business cycle developments on cost overruns. Lack of capacity and expertise in a tight supplier...
Persistent link: https://www.econbiz.de/10011555528
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Cost Performance on the Norwegian Continental Shelf
Lorentzen, Sindre; Osmundsen, Petter - 2016
domestic product, government revenues, investment and exports. A sharp fall in oil prices has had a significant impact on the …
Persistent link: https://www.econbiz.de/10011555594
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Firm Response to Competitive Shocks: Evidence from China's Minimum Wage Policy
Hau, Harald; Huang, Yi; Wang, Gewei - 2017
The large regional variation in minimum wage levels in the period 2002-08 in China implies that Chinese manufacturing firms experienced competitive shocks as a function of firm location and their low-wage employment share. We find that minimum wage hikes accelerate the input substitution from...
Persistent link: https://www.econbiz.de/10011744943
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Public R&D Support and Firms' Performance - A Panel Data Study
Nilsen, Øivind Anti; Raknerud, Arvid; Iancu, Diana-Cristina - 2018
We analyse all the major sources of direct and indirect R&D subsidies in Norway in the period 2002-2013 and compare their effects on individual firms’ performance. Firms that received support are matched with a control group of firms that did not receive support using a combination of...
Persistent link: https://www.econbiz.de/10011887391