This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high … technology firms, the effect of the software investment is smaller than the effect of research and development personnel …

investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor … the allocation of public investment and support is limited.The results presented herein show that ICT/non-ICT capital … investment are substitutes for labor and energy use. We also find a high output growth rate in the sampled sectors, and …

investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large …

distortions. I document major trends in aggregate savings, investment, trade, and net foreign asset positions in China, and …

The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …

financial markets work, and stress the vital need of preventing financial devices that result in productive investment crowding-out …