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We quantify foreign direct investment (FDI) spillovers by comparing changes in total factor productivity (TFP) among …
Persistent link: https://www.econbiz.de/10012922992
This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge …
Persistent link: https://www.econbiz.de/10012751505
Recent empirical work has examined the extent to which international trade fosters international spillovers' of technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers. I introduce a framework for measuring...
Persistent link: https://www.econbiz.de/10013226164
and patents. We document key empirical facts on inventors' productivity over the life cycle, inventors' research teams … better inventors are very strongly correlated with higher subsequent productivity. These facts motivate the main ingredients …
Persistent link: https://www.econbiz.de/10012922975
other citations; (2) patents in the same patent class are approximately 100 times as likely to cite each other as patents … from different patent classes there is not a strong time pattern to this effect; (3) patents whose inventors reside in the …
Persistent link: https://www.econbiz.de/10013233452
smaller cities. We analyze the idea inputs of nearly every US patent granted during 1836–2010. We find that a larger city size …
Persistent link: https://www.econbiz.de/10013029015
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10013222892
prices and total factor productivity (TFP) with the aim of highlighting data patterns that are useful for evaluating business … run movements in total factor productivity and (ii) such stock prices innovations do not affect U.S. sectoral TFPs …
Persistent link: https://www.econbiz.de/10013225845
model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10013322112
Our answer: not so well. We reach that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the...
Persistent link: https://www.econbiz.de/10014070135