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We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012022425
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012178399
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative … function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014464111
This paper explores how value-chain governance affects the innovation performance of suppliers of intermediate products … is more conducive to innovation for suppliers, especially when these firms have medium capability levels. Conversely … are also reflected in export performances and sales of innovative products. Our results go partially against other …
Persistent link: https://www.econbiz.de/10012517678
We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...
Persistent link: https://www.econbiz.de/10003925275
"According to the "compensation theory", market forces should assure a complete compensation of the initial labour …
Persistent link: https://www.econbiz.de/10003451834
The emergence and evolution of modern science since the 17th century has led to three major breakthroughs in the human condition. The first, the Industrial Revolution, started in the late 18th century and is based chiefly on developments associated with the rise of the natural sciences. The...
Persistent link: https://www.econbiz.de/10012026088
Heterogeneous firms are at the heart of both the New New International Trade Theory and the Micro-econometrics of …
Persistent link: https://www.econbiz.de/10009006944
matching estimators. As an illustration of the applicability of the theory, we derive the asymptotic distribution of a matching …
Persistent link: https://www.econbiz.de/10003826104
This paper assesses the effectiveness of unconfoundedness-based estimators of mean effects for multiple or multivalued treatments in eliminating biases arising from nonrandom treatment assignment. We evaluate these multiple treatment estimators by simultaneously equalizing average outcomes among...
Persistent link: https://www.econbiz.de/10003901174