This study identifies and estimates various categories of intangible investments that are currently processed as intermediate consumption items or are not classified separately in national accounting. Our valuation thus paves the way for their gradual integration into the national accounts

This paper proposes a framework to account for innovation similar to the usual accounting framework inproduction analysis and a measure of “innovativity” comparable to that of total factor productivity. Thisinnovation accounting framework is illustrated using micro-aggregated firm data from...

The identification of age, cohort (vintage), and period (year) effects in a panelof individuals or other units is an old problem in the social sciences, but onethat has not been much studied in the context of measuring researcherproductivity. Considering a semi-parametric model of productivity...

This paper compares the contribution of R&D to innovation in terms of the variousinnovation output measures provided by the third Community Innovation Survey (CIS 3) forFrench manufacturing firms and in terms of accounting for interindustry innovationdifferences.

Our study aims to assess the actual importance of the two main channels via which upstream anti-competitive sector regulations are usually considered to impact productivity growth, i.e. by acting as a disincentive to business investments in R&D and in ICT. We estimate the specific impacts of...

The aim of this article is to evaluate the effect of the cost of R&D capital, and more particularly of the taxcredit on R&D expenditures, introduced in France since 1983, as a fiscal incentive to private R&D. A user cost of R&Dcapital is derived with imperfect capital markets, corporate and...