Similar Search Results

Upstream Product Market Regulations, ICT, R&D and Productivity

Cette, Gilbert - 2015

through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in … data such as improvements in skills, management and organization. For this, we specify an extended production function … relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions …

Persistent link: https://www.econbiz.de/10013034911

Regulations and productivity : long run effects and nonlinear influences

Papaioannou, Sotiris K. - In: Economic modelling 60 (2017), pp. 244-252

Persistent link: https://www.econbiz.de/10011734209

What are Cities Worth? Land Rents, Local Productivity, and the Capitalization of Amenity Values

Albouy, David - 2021

This article examines and quantifies the relationship between local amenities and prices in an equilibrium model, demonstrating the role of non-traded goods and federal taxes. I derive formulae using factor shares to infer local land rents, productivity, and the total value of amenities from...

Persistent link: https://www.econbiz.de/10013224416

How Unobservable Productivity Biases the Value of a Statistical Life

Kniesner, Thomas J.; Viscusi, W. Kip; Woock, Christopher; … - 2021

A prominent theoretical controversy in the compensating differentials literature concerns unobservable individual productivity. Competing models yield opposite predictions depending on whether the unobservable productivity is safety-related skill or productivity generally. Using five panel waves...

Persistent link: https://www.econbiz.de/10013228747

International R&D Spillovers and Institutions

Coe, David T. - 2010

The empirical analysis in quot;International Ramp;D Spilloversquot; (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results...

Persistent link: https://www.econbiz.de/10012759295

Capital Flows to Developing Countries : The Allocation Puzzle

Gourinchas, Pierre-Olivier - 2010

According to the consensus view in growth and development economics, cross country differences in per-capita income largely reflect differences in countries' total factor productivity. We argue that this view has powerful implications for patterns of capital flows: everything else equal,...

Persistent link: https://www.econbiz.de/10012759694

Irreversible Investment, Capital Costs and Productivity Growth : Implications for Telecommunications

Bernstein, Jeffrey I. - 2010

This paper develops a model incorporating costly disinvestment and estimates the associated commitment premium required to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital by 70 percent. This implies an average annual hurdle...

Persistent link: https://www.econbiz.de/10012759928

Policy Distortions and Aggregate Productivity with Heterogeneous Plants

Restuccia, Diego - 2010

plants may be an important factor in accounting for cross-country differences in output per capita. In particular, we show …

Persistent link: https://www.econbiz.de/10012760197

Real Business Cycles in Emerging Countries?

Garcia Cicco, Javier - 2010

We use more than one century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job at explaining business cycles in emerging countries. We then...

Persistent link: https://www.econbiz.de/10012760602

Productivity and Machinery Investment : A Long Run Look 1870-1980

DeLong, J. Bradford - 2010

Over the past century the long-run growth of six economies shows a strong association between investment in machinery …, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …

Persistent link: https://www.econbiz.de/10012763337