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This paper, which introduces the special issue on corporate governance co-sponsored by the Review of Financial Studies and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research. The special issue features seven papers on corporate...
Persistent link: https://www.econbiz.de/10013134144
manufacturing industries. The estimated elasticities of productivity with respect to Ramp;D capital are significant and plausible …
Persistent link: https://www.econbiz.de/10012758031
total factor productivity and that they impact the degree of Ramp;D spillovers …
Persistent link: https://www.econbiz.de/10012759295
We estimate the impact of participating in the NZ Marsden Fund on research output trajectories, by comparing the subsequent performance of funded researchers to those who submitted proposals but were not funded. We control for selection bias using the evaluations of the proposals generated by...
Persistent link: https://www.econbiz.de/10013013122
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
research productivity implies a substantial return to public investments in basic research …
Persistent link: https://www.econbiz.de/10013223878
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …
Persistent link: https://www.econbiz.de/10013246064
productivity (as opposed to manufacturing productivity), we build closely on the theoretical literature on spillovers that suggests …
Persistent link: https://www.econbiz.de/10012752114
In this paper I evaluate the contribution of R&D investments to productivity growth. The basis for the analysis are the … externalities. The resulting contribution of R&D to productivity growth in the US is smaller than three to five tenths of one …
Persistent link: https://www.econbiz.de/10013308649
effect of spillovers on research productivity of firms exceeds the structural effect because it includes an active learning …
Persistent link: https://www.econbiz.de/10013311190