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Resource Misallocation in European Firms : The Role of Constraints, Firm Characteristics and Managerial Decisions
Gorodnichenko, Yuriy - 2018
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10012923225
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Public Support for Innovation, Intangible Investment and Productivity Growth in the UK Market Sector
Haskel, Jonathan - 2013
data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for evidence … or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government innovation …
Persistent link: https://www.econbiz.de/10013095089
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Real Unit Labour Costs in Eurozone Countries : Drivers and Clusters
Ordóñez Monfort, Javier - 2014
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10013051805
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Beyond EU-US Trade Dynamics : TTIP Effects Related to Foreign Direct Investment and Innovation
Jungmittag, Andre - 2017
The international economic debate on the Transatlantic Trade and Investment Partnership (TTIP) has focused mainly on trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although the EU and the US are leading FDI host countries and...
Persistent link: https://www.econbiz.de/10012948641
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Intangible Capital and Growth in Advanced Economies : Measurement Methods and Comparative Results
Corrado, Carol A. - 2012
Persistent link: https://www.econbiz.de/10013103469
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Intangible Knowledge Capital and Innovation in China
Fleisher, Belton M. - 2013
income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese …
Persistent link: https://www.econbiz.de/10013071740
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Institutional Integration and Productivity Growth : Evidence from the 1995 Enlargement of the European Union
Campos, Nauro F.; Coricelli, Fabrizio; Franceschi, Emanuele - 2022
This paper studies the productivity effects of integration deepening. The identification strategy exploits the 1995 … integration, the average Norwegian region would have experienced an increase in yearly productivity growth of about 0.6 percentage …
Persistent link: https://www.econbiz.de/10014084021
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The Productivity Impact of R&D Investment : A Comparison between the EU and the US
Castellani, Davide - 2016
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10012990873
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Economic Growth and Political Integration : Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method
Campos, Nauro F. - 2014
counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the …
Persistent link: https://www.econbiz.de/10013054567
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The Impact of Regulation on Innovation
Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France, where many labor regulations apply to firms...
Persistent link: https://www.econbiz.de/10013248072