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equilibrium forces and spillovers, the productivity gains generated by human capital spillover are offset by increased labor costs …I assess the magnitude of human capital spillovers in US cities by estimating plant-level production functions. I use a …, spillovers between plants that rarely interact are zero, while spillovers between plants that often interact are significant …
Persistent link: https://www.econbiz.de/10012469390
In this paper we: (1) estimate the effects of international R&D spillovers on total factor productivity growth of the … seven largest industrialized countries (G-7); (2) analyze the effect of spillovers on the structure of production, i.e., the … R&D investment as well as the social rates of return of foreign R&D spillovers. To achieve the objectives of this study …
Persistent link: https://www.econbiz.de/10012473032
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/10012474506
This paper deals with the international effects of taxation. Tax policies have profound effects on the temporal composition and on the intertemporal evolution of the macro economy. The analysis highlights key issues pertinent for the understanding of international effects of domestic tax...
Persistent link: https://www.econbiz.de/10012476126
An important gap in most empirical studies of establishment-level productivity is the limited information about workers …' characteristics and their tasks. Skill-adjusted labor input measures have been shown to be important for aggregate productivity …-access establishment-level productivity dataset created by the BLS-Census Bureau Collaborative Micro-productivity Project. We take a first …
Persistent link: https://www.econbiz.de/10013462669
time. A key question is, has the productivity distribution also spread out across worker skill levels over time? Using our … calculations of productivity by skill level for the U.S., we show that the distributions of both wages and productivity have spread … out over time, as the right tail lengthens for both. We add OECD countries, showing that the wage-productivity correlation …
Persistent link: https://www.econbiz.de/10013477226
technology (IT) and productivity by investigating several plant-level mechanisms through which IT could promote productivity … estimation of longitudinal models eliminate many sources of unmeasured heterogeneity that could confound productivity comparisons …
Persistent link: https://www.econbiz.de/10012466898
Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The …
Persistent link: https://www.econbiz.de/10012461112
Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …
Persistent link: https://www.econbiz.de/10012456573
is positively related to industry productivity growth. The effects are very modest -- adding at most 0.07 percentage … points to annual labor productivity growth …
Persistent link: https://www.econbiz.de/10012469972