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We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...
Persistent link: https://www.econbiz.de/10011282476
inventions arising out of federally-funded research and to license those patents exclusively or nonexclusively at their …
Persistent link: https://www.econbiz.de/10011807650
internet affected the diversity of new research by making the existing literature accessible online. The internet marks a …
Persistent link: https://www.econbiz.de/10010316896
We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …
Persistent link: https://www.econbiz.de/10010292361
linking this to productivity, which turns out to be important. The paper also provides an example of modeling productivity … the integration of economic data and policy measures to define service sector experiments. Priorities for future research …
Persistent link: https://www.econbiz.de/10010294881
to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …
Persistent link: https://www.econbiz.de/10010263207
productivity growth in semi-industrialized economies. These effects are hypothesized to operate through the negative impact of firm … raise productivity in defense of profits, contributing to a low wage-low productivity trap. This paper presents empirical … link between increased firm mobility and lower wages, as well as slower productivity growth over the period 1970-2000. …
Persistent link: https://www.econbiz.de/10010266557
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
, follows a faster track and depends more on political power than on those policies' potential as engines for productivity … different groups' weight in policymaking, and the effect of the implied unbalance on aggregate productivity. Electoral weight … found that the resulting imbalance of policies damages aggregate productivity. …
Persistent link: https://www.econbiz.de/10010278278