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This paper analyzes externalities of patent box regimes in Europe. Tax reductions in foreign affiliates of a firm that also provide a profit shifting opportunity reduce the user cost of capital and thereby increase domestic investment. We test this mechanism for the case of research activity. By...
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ICT-intensive firms are often found to have a better performance than their non-ICTintensive counterparts. Along with investing in ICT capital they have to adapt their production and business processes in order to reap the potentials implied by the use of ICT. Are these firms also more resilient...
Persistent link: https://www.econbiz.de/10011701679
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … explanation: Using a translog approach reduces the issue of factor substitutability or complementarity to a question of cost … substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous …
Persistent link: https://www.econbiz.de/10011446167
intensively examined and debated in academics and politics, but the connection to innovation has so far lacked research attention …
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"This study examines the effect of changes in the vintage distribution of cardiovascular system drugs on hospitalization and mortality due to cardiovascular disease using longitudinal country-level data. The vintage of a drug is the first year in which it was marketed anywhere in the world. We...
Persistent link: https://www.econbiz.de/10003716085