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Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, it and Productivity
Bloom, Nicholas - 2015
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million firms over 1996-2007 across twelve European countries. We correct for endogeneity using the removal of product-specific quotas following China's entry into the World Trade...
Persistent link: https://www.econbiz.de/10013038317
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The Changing Role of Government in Financing Health Care : An International Perspective
Stabile, Mark - 2013
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10013075869
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Sources of Funds and Investment Activities of Venture Capital Funds : Evidence from Germany, Israel, Japan and the UK
Mayer, Colin - 2014
We compare sources of funds and investment activities of venture capital (VC) funds in Germany, Israel, Japan and the … particularly important in Germany, corporations in Israel, insurance companies in Japan, and pension funds in the UK. VC investment … countries; for example, bank backed VC funds in Germany and Japan are as involved in early stage finance as other funds in these …
Persistent link: https://www.econbiz.de/10012752733
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Mexican Entrepreneurship : A Comparison of Self-Employment in Mexico and the United States
Fairlie, Robert W. - 2014
Nearly a quarter of Mexico's workforce is self employed. But in the U.S. rates of self employment among Mexican Americans are only 6 percent, about half the rate among non-Latino whites. Using data from the Mexican and U.S. population census, we show that neither industrial composition nor...
Persistent link: https://www.econbiz.de/10013065886
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Education for Innovation : Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements
Baumol, William J. - 2021
This paper explores the following hypotheses on the appropriate education for innovating entrepreneurship: a …
Persistent link: https://www.econbiz.de/10013226100
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The Effects of Entry on Incumbent Innovation and Productivity
Aghion, Philippe; Blundell, Richard W.; Griffith, Rachel; … - 2021
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries--incumbents in technologically advanced industries react positively to foreign firm entry, but not in laggard industries. To explain this...
Persistent link: https://www.econbiz.de/10013228275
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Going Soft : How the Rise of Software Based Innovation Led to the Decline of Japan's it Industry and the Resurgence of Silicon Valley
Arora, Ashish - 2014
differential effects on the performance of the IT industries in the United States and Japan. Using a broad unbalanced panel of US …
Persistent link: https://www.econbiz.de/10013069641
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Information Technology and the Japanese Economy
Jorgenson, Dale W.; Motohashi, Kazuyuki - 2021
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … a rigorous comparison between the two economies. The adjusted data show that the share of the Japanese gross domestic … contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input …
Persistent link: https://www.econbiz.de/10013210551
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Bond Market Inflation Expectations in Industrial Countries : Historical Comparisons
Bordo, Michael D. - 2003
We define the Fisherian Golden Rule measure of bond market inflation expectations as the difference between bond rates and trend real GDP growth rates. The concept is based on the Fisherian theory that an increase in longer-term inflation expectations would be reflected in longer-term interest...
Persistent link: https://www.econbiz.de/10012786913
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A Head-to-Head Comparison of Augmented Wealth in Germany and the United States
Boenke, Timm - 2017
and pension wealth – for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between … Germany, augmented wealth (US$651,000) is only 1.4 times higher. Further, the inclusion of pension wealth in household wealth …
Persistent link: https://www.econbiz.de/10012960706