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Despite academic scepticism, cluster policies remain popular with policymakers. This paper evaluates the causal impact of a flagship UK technology cluster programme. I build a simple framework and identify effects using difference-in-differences and synthetic controls on rich microdata. I...
Persistent link: https://www.econbiz.de/10012118723
simulations of the model. -- TFP growth ; unemployment by age ; old workers' employment rate ; capitalization ; creative …
Persistent link: https://www.econbiz.de/10003778484
This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data and on a unique micro longitudinal database consisting of 532 top European R&D investors. The main conclusions...
Persistent link: https://www.econbiz.de/10003796272
profits at the same pace, leading to a at labour share in income. Then, once the threshold is breached, profit …
Persistent link: https://www.econbiz.de/10012389019
For various reasons the relationship between age and productivity is a matter of policy concern. I present new empirical research showing how productivity is affected by age. I study age effects at the individual level by analyzing data on running and publishing in economic journals. Furthermore...
Persistent link: https://www.econbiz.de/10003870993
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007. We...
Persistent link: https://www.econbiz.de/10010501865
Persistent link: https://www.econbiz.de/10002093538
A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...
Persistent link: https://www.econbiz.de/10009536456
We analyse how changes in international trade integration affect productivity and the functional income distribution …
Persistent link: https://www.econbiz.de/10014246661
High temperatures can have a negative effect on work-related activities. Labor productivity may go down because mental health or physical health is worse when it is too warm. Workers may experience difficulties concentrating or they have to reduce effort in order to cope with heat. We...
Persistent link: https://www.econbiz.de/10014339075