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Liberating Supply-Fiscal Policy and Technological innovation in a Multicountry Model
Laxton, Douglas - 1998
This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF’s multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic...
Persistent link: https://www.econbiz.de/10014403417
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The return of the policy that shall not be named : principles of industrial policy
Chérif, Réda; Hasanov, Fuad - 2019
Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be...
Persistent link: https://www.econbiz.de/10012010001
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Effectiveness of fiscal incentives for R&D : quasi-experimental evidence
Guceri, Irem; Liu, Li - 2017
With growing academic and policy interest in research and development (R and D) tax incentives, the question about their effectiveness has become ever more relevant. In the absence of an exogenous policy reform, the simultaneous determination of companies' tax positions and their R and D...
Persistent link: https://www.econbiz.de/10011670453
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Will the AI revolution cause a great divergence?
Alonso, Cristian; Berg, Andrew; Kothari, Siddharth; … - 2020
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
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The Impact of Research and Development Tax Incentiveson Colombia's Manufacturing Sector : What Difference Do they Make?
Mercer-Blackman, Valerie - 2008
Do tax incentives for science and technology stimulate additional investment? We use detailed data on applications and acceptances for R&D tax incentives, a special survey, and for the first time, the science and technology module from the 2000-2002 Survey of Manufacturers database in Colombia...
Persistent link: https://www.econbiz.de/10014401520
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The leap of the tiger : how Malaysia can escape the middle-income trap
Chérif, Réda; Hasanov, Fuad - 2015
Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in...
Persistent link: https://www.econbiz.de/10011374753
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Productivity Growth, Technological Convergence, RandD, Trade, and Labor Markets : Evidence From the French Manufacturing Sector
Khan, Tehmina S. - 2006
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the...
Persistent link: https://www.econbiz.de/10014399859
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A TIP against the COVID-19 pandemic
Chérif, Réda; Hasanov, Fuad - 2020
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...
Persistent link: https://www.econbiz.de/10012252486
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Employment Protection, International Specialization, and innovation
Saint-Paul, Gilles - 1996
We develop a model to analyze the implications of firing costs on incentives for R & D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labor market will tend to produce relatively secure goods, at a late stage of their product life...
Persistent link: https://www.econbiz.de/10014398371
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The impact of environmental policy on innovation in clean technologies
Eugster, Johannes - 2021
This paper studies the effect of climate change mitigating policies on innovation in clean energy technologies. Results … significant contribution to the increase in clean innovation. These effects generally materialized quickly, within 2 to 3 years of … at electricity innovation in particular, the paper finds that the estimated effect on total innovation is positive on net …
Persistent link: https://www.econbiz.de/10012605122