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Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …
Persistent link: https://www.econbiz.de/10012964191
world economy. For a given level of policy stringency, countries with more flexible environmental policies are more likely … to generate innovations which are diffused widely and are more likely to benefit from innovations generated elsewhere …
Persistent link: https://www.econbiz.de/10013071223
industrialized world, (ii) the emerging world, (iii) different country and regional groups, (iv) selected bilateral cases, and (v …) those within the regional clusters of EMEs, are modeled. Spillovers from the industrialized world appear robust via …. Spillovers from the emerging world are virtually non-existent. Analyses of regional clusters of EMEs do not support any role of …
Persistent link: https://www.econbiz.de/10012930598
innovate, harmonization toward narrower patent breadth may raise world welfare …
Persistent link: https://www.econbiz.de/10012956893
The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...
Persistent link: https://www.econbiz.de/10012965941
activities, which are based on green technological innovations carried out by a coalition of countries, may be a better approach …
Persistent link: https://www.econbiz.de/10013012533
-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the … policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …
Persistent link: https://www.econbiz.de/10012754962
We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990-2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...
Persistent link: https://www.econbiz.de/10013092838
The paper analyzes a very stylized model of crises and demonstrates how the degree of strategic complementarity in the actions of investors is a critical determinant of fragility. It is shown how the balance sheet composition of a financial intermediary, parameters of the information structure...
Persistent link: https://www.econbiz.de/10013092690
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … conditional mean of labor productivity: through an observed binary indicator, an observed intensity variable or through the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10013035434