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The knowledge production function is central to R&D-based growth models. This paper empirically investigates the … knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests … there are two long-run cointegrating relationships. The first captures a long-run knowledge production function; the second …
Persistent link: https://www.econbiz.de/10014400700
The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data … talent is a central ingredient in the production of knowledge. Second, such talented individuals born in low- or middle …-income countries are systematically less likely to become knowledge producers. Our findings suggest that policies to encourage …
Persistent link: https://www.econbiz.de/10011978560
Canada, but integration between Canada and the rest of the world is partial. Provincial trade balances respond only about … half as much to events in the rest of the world as they do to events within Canada. In short, national borders appear to …
Persistent link: https://www.econbiz.de/10014400810
This paper presents a geographical theory of location and interregional trade. Location is treated as an endogenous … compensating-differential theory of regional unevenness, (2) the theoretical formulation of a gravity theory of trade patterns, (3 …
Persistent link: https://www.econbiz.de/10014398752
How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and … barriers to the domestic diffusion of foreign knowledge have fallen significantly for emerging economies. For all countries …, and especially for emerging economies, inflows of foreign knowledge have a growing and quantitatively important impact on …
Persistent link: https://www.econbiz.de/10011978592
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Transaction-price residential (house) and commercial property price indexes (RPPIs and CPPIs) have inherent problems of sparse data on heterogeneous properties, more so CPPIs. In an attempt to control for heterogeneity, (repeat-sales and hedonic) panel data regression frameworks are typically...
Persistent link: https://www.econbiz.de/10014411213