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What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...
Persistent link: https://www.econbiz.de/10013056813
each sector's R&D activity are, the higher the marginal productivity of labor in R&D is, and eventually the higher the …
Persistent link: https://www.econbiz.de/10012984503
Do migrants shape the dynamic comparative advantage of their sending and receiving countries? To answer this question we study the drivers of knowledge diffusion by looking at the dynamics of the export basket of countries, with particular focus on migration. The fact that knowledge diffusion...
Persistent link: https://www.econbiz.de/10012996458
Understanding how price regulations affect the adoption of new patent-protected pharmaceutical technologies is a crucial question in designing health systems. This paper addresses this question by examining how price expectations shape the probability of launch, controlling for competition,...
Persistent link: https://www.econbiz.de/10013067984
research productivity follows distinct life cycles. Using an encompassing data set portraying the research behavior of German … academic economists, we first show that research productivity crucially depends on career age and vintage. Based on the … research grants. We then go on to investigate the persistence of individual productivity. The Persistence issue is of special …
Persistent link: https://www.econbiz.de/10012780463
Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years …
Persistent link: https://www.econbiz.de/10012930598
plants exist. The results indicate that divestment is associated with a drop in total factor productivity accompanied by a …
Persistent link: https://www.econbiz.de/10013030495
Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...
Persistent link: https://www.econbiz.de/10013013696
This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity …
Persistent link: https://www.econbiz.de/10012920760
This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...
Persistent link: https://www.econbiz.de/10012920765