This paper investigates the effect of exogenous entry barriers on productivity growth, using an R&D-based endogenous … for productivity growth. In order to confirm this point in quantitative terms, we estimate the model based on Lentz and …&D tax credits, we show quantitatively that both policies enhance the productivity growth, while there are qualitative …

This paper proposes one measure for the productivity of banks and studies how it affects the sensitivity of a client … firm's capital investment with respect to investment opportunity. As a direct measure for the productivity of banks, we … (Financial Intermediation Services Indirectly Measured) concept, per its operating cost. We combine such productivity panel …

and older vintages of fixed capital. To restore economic dynamism, Japan must encourage productivity growth. Using panel … quality of labor and capital that influence productivity. Our research contributes three significant findings. (1) The older … the average age of a firm’s employees or the longer their seniority, the higher the firms productivity growth, but it is …