things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage …

and sheds light on the effects of productivity growth. On the basis of a Geometric Brownian motion, three different … productivity scenarios are considered (no growth, deterministic growth, uncertain growth) and opposed to each other. The … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …

knowledge transfers - from high to low productivity firms - between acquirer and target. Using the Melitz (2003) model of … transfers, where the latter leads to assortative matching on productivity for firms in cross-border M&As. This is in line with … stylized facts (because M&As frequently occur between firms of similar productivity) and in contrast to the proximity …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …