Showing 1 - 10 of 14
I speculate that technological spillover effects may have become more important over time as IT penetrated the U.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more effective. Using US input-output tables for years 1958,...
Persistent link: https://www.econbiz.de/10013068477
higher rates of total factor productivity (TFP) growth than other plants in the same industry. The productivity impact of … LBOs is much larger than our previous estimates of the productivity impact of ownership changes in general. Management …
Persistent link: https://www.econbiz.de/10012763375
This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …
Persistent link: https://www.econbiz.de/10013217612
manufacturing productivity growth. Other research has suggested that, over the long run, growth in the U.S. economy's 'health output …
Persistent link: https://www.econbiz.de/10013218796
that their functional form of how foreign R&D affects domestic productivity via imports is probably incorrect. We provide …
Persistent link: https://www.econbiz.de/10013221859
This paper examines the output contributions of capital and labor deployed in information systems (IS) at the firm level during the period 1988-91 throughout the business sector, using two different sources of data on these inputs. Our production function estimates suggest that there are...
Persistent link: https://www.econbiz.de/10013225934
The age structure of capital plays an important role in the measurement of productivity. It has been argued that the … productivity measurement. A proposition proves that Nelson's (1964) formula is wrong. Our final proposition shows that inclusion of … the vintage effect prompts an upward correction of measured productivity growth in times of an aging stock of capital …
Persistent link: https://www.econbiz.de/10013240940
This paper uses confidential Census longitudinal microdata to examine the association between R&D and productivity for …&D investment 2) higher returns to company-financed research 3) a productivity "premium" on basic research These results are robust …
Persistent link: https://www.econbiz.de/10013312476
is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …
Persistent link: https://www.econbiz.de/10013313640
This paper extends previous research on the effect of investment on labor productivity at the country level by … to have a significant positive effect on productivity. Moreover, this effect appears to be quite large. The estimated …
Persistent link: https://www.econbiz.de/10013321592