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or complements. Complementarity/substitutability hinges on whether countries share the same technology, and the pivotal … question is whether or not technology is convex. Generally, under substitutability between trade and migration and with convex … technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be …
Persistent link: https://www.econbiz.de/10013098128
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087
them for the case of migration to Germany from 86 Asian and African countries from 1981 to 1995. The results confirm the …
Persistent link: https://www.econbiz.de/10013321393
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10013318254
a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10013051449
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …
Persistent link: https://www.econbiz.de/10013317198
observed medical technologies by country. Our second set of regressions proxy technology using a spatial process. The paper …, its short-run adjustments do not seem to have an impact on health care productivity. Spatial spill overs in life … expectancy are significant and point to the existence of interdependence across countries in technology adoption. Furthermore …
Persistent link: https://www.econbiz.de/10013068471
productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying … of human capital on regional productivity and convergence, but reveals no evidence of any positive geographical …
Persistent link: https://www.econbiz.de/10013153461
privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier …
Persistent link: https://www.econbiz.de/10013318782
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012839051