Showing 1 - 10 of 1,153
We estimate and compare the production structures of the US, Japanese, and Korean total manufacturing sectors for the 1974-1990 period. We employ a translog variable cost function that includes such inputs as labor, materials, physical and R&D capital with the physical and R&D capital treated as...
Persistent link: https://www.econbiz.de/10013219187
technology acquisition. In our research setting, the most common way to exercise the option post-CVC investment is via technology …
Persistent link: https://www.econbiz.de/10013018306
composition of equipment investment. We make three contributions. First, we document strikingly large differences in investment …
Persistent link: https://www.econbiz.de/10013215685
industry. Of these, 49% report that their most important new product had originated from an outside source, notably customers …
Persistent link: https://www.econbiz.de/10013033301
We survey research on the relationship between technology and trade. We begin with the old literature, which treated the state of technology as exogenous and asked how changes in technology affect the trade pattern and welfare. Recent research has attempted to endogenize technological progress...
Persistent link: https://www.econbiz.de/10013223065
foreign direct investment; (iii) the spatial distribution of technological knowledge, and (iv) other issues …
Persistent link: https://www.econbiz.de/10013224853
for 24 manufacturing industries. Holding time and industry effects constant we find that in most cases technology has the …
Persistent link: https://www.econbiz.de/10013237013
productivity levels, and estimate an elasticity of TFP with respect to own-industry R&D between 7% and 17%. Second, the receiving … industry benefits also from other industries' technology investments, an effect which is at least in part due to trade in … embodied technology. We find that the benefit derived from foreign R&D in the same industry is in the order of 50%-95% of the …
Persistent link: https://www.econbiz.de/10013239935
This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10013152509
discussion is guided by a new model of foreign direct investment, trade, and endogenous technology transfer. We find evidence for …
Persistent link: https://www.econbiz.de/10013070643