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values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10011394520
We compute rates of growth in labor productivity during the 1973-80 period for samples of individual manufacturing … contribution of such expenditures to productivity growth was about the same in both countries. Hence, the rather large differences … on the observed rates of productivity growth between the two countries can not be accounted for by differences in either …
Persistent link: https://www.econbiz.de/10012477298
privately financed as a fraction of total). The results indicate that R&D continued to contribute to productivity growth in U … that while federally financed R&D expenditures did have a positive effect on measured productivity growth of these firms …
Persistent link: https://www.econbiz.de/10012477539
This paper compares and analyzes the growth of productivity in the manufacturing industries and firms in France and the … U.S. based on newly assembled comparable data sets in both countries. Three explanations of the recent productivity … of R&D investment, and found not to bear on the differences in productivity growth between and within the two countries …
Persistent link: https://www.econbiz.de/10012478144
This paper presents the results of a study of productivity growth and R&D in the 1970s using data on narrowly defined … the recent past. The results suggest a significant relationship between R&D and the growth of productivity; in versions … using total factor productivity as the dependent variable, the estimated rate of return to R&D investment is about 20 …
Persistent link: https://www.econbiz.de/10012478192
productivity (TFP) at the industry level during the period extending from the early 1960's to the mid-1970's. The data base …-Penn-SRI manufacturing data file. A hypothesis suggested by previous research on the R&D-productivity relationship is that, due, perhaps, to … recent years. Our findings indicate, however, that the relationship between an industry's R&D-intensity and its productivity …
Persistent link: https://www.econbiz.de/10012478261
between firm productivity and the level of its R&D invespments. In the time dimension, using deviations from fire means as … the lag structure of the effects of R&D on productivity. These effects are apparently highly variable, both in timing and …
Persistent link: https://www.econbiz.de/10012478285
The question I shall address in this pa-per is: Can the slowdown in productivity growth be explained, wholly or in part …) What is to be explained? Which productivity and what slowdown? 2) What is the mechanism by which R&D could have contributed …
Persistent link: https://www.econbiz.de/10012478711
summarized to a first order by the current and expected future values of the Solow productivity residual in level and by the …
Persistent link: https://www.econbiz.de/10012463070
We argue that unmeasured investments in intangible organizational capital associated with the role of information and communications technology (ICT) as a general purpose technology' can explain the divergent U.S. and U.K. TFP performance after 1995. GPT stories suggest that measured TFP should...
Persistent link: https://www.econbiz.de/10012468688