Narrow search
Showing 1 - 10 of 714
Cover Image
International R&D spillovers and marginal social returns on R&D
Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2016
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …
Persistent link: https://www.econbiz.de/10011573960
Cover Image
The diffusion of technological progress in ICT
Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2020
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … there have been positive and persistent technology spillovers to sectors intensively using ICT. Second, neglecting leasing …
Persistent link: https://www.econbiz.de/10012391362
Cover Image
Ideas production and international knowledge spillovers : digging deeper into emerging countries
Luintel, Kul Bahadur; Khan, Mosahid - 2017
context, we examine ideas production and international knowledge spillovers in a panel of 31 EMEs by accounting for six … diffusion channels and two types (national versus USPTO) of patent filings. Knowledge spillovers to EMEs accruing from (i) the …) those within the regional clusters of EMEs, are modeled. Spillovers from the industrialized world appear robust via …
Persistent link: https://www.econbiz.de/10011752254
Cover Image
Technology agreements with heterogeneous countries
Hoel, Michael; Zeeuw, Aart de - 2014
For sufficiently low abatement costs many countries might undertake significant emission reductions even without any international agreement on emission reductions. We consider a situation where a coalition of countries does not cooperate on emission reductions but cooperates on the development...
Persistent link: https://www.econbiz.de/10010246011
Cover Image
What drives aggregate investment?
Bachmann, Ruediger; Zorn, Peter - 2013 - This Version: April 13, 2013
Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to gauge their contribution to short-run investment...
Persistent link: https://www.econbiz.de/10009736762
Cover Image
R&D spillovers through RJV cooperation
Banal-Estañol, Albert; Duso, Tomaso; Seldeslachts, Jo; … - 2020
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research … technology spillovers and product market rivalry, and extend it to account for RJVs. Our main findings are that the adverse …
Persistent link: https://www.econbiz.de/10012263724
Cover Image
Fiscal spillovers in the Euro area
Caporale, Guglielmo Maria; Girardi, Alessandro - 2011
institutions. -- global VAR methodology ; fiscal spillovers ; euro area ; public debt …
Persistent link: https://www.econbiz.de/10009489288
Cover Image
Cross-border effects of fiscal consolidations : estimates based on narrative records
Hebous, Shafik; Zimmermann, Tom - 2013
We estimate cross-border spillover effects of fiscal consolidation episodes on output, bilateral trade flows, interest …. We do not find evidence for an interest rate channel. Trade effects are particularly pronounced for some European … specialization in trade. …
Persistent link: https://www.econbiz.de/10009764989
Cover Image
Estimating the effects of coordinated fiscal actions in the euro area
Hebous, Shafik; Zimmermann, Tom - 2012
coordination ; cross-border spillovers ; open economy macroeconomics ; European integration ; Global VAR …
Persistent link: https://www.econbiz.de/10009581972
Cover Image
Interest rate spillovers from the United States : expectations, term premia and macro-financial vulnerabilities
Mehrotra, Aaron N.; Moessner, Richhild; Shu, Chang - 2019
advanced and 21 emerging economies. The paper documents significant global spillovers from both the expectations and term … premia components of longterm rates in the United States. We find that spillovers to domestic long-term rates in emerging … economies from the US expectations components tend to be more sizeable than those from the US term premia. Finally, spillovers …
Persistent link: https://www.econbiz.de/10012119811