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paper gives an overview of recent trends in the growth of real value added, labour productivity and employment as well as of … demographic scenarios. Based on these trends, the hypothetical increase of labour productivity growth which would be required to … that the hypothetical labour productivity growth rate required is about one percentage point higher than the actual growth …
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startups just to "kill" their ideas, and acquisitions can erode incumbents' own innovation incentives. Our paper aims to assess …. Our calibrated model implies that acquisitions raise the startup rate, but lower incumbents' own innovation as well as the …
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This paper provides estimates of the impact of demographic change on labor productivity growth, relying on annual data … population shares have significantly negative effects on labor productivity growth, working via various channels - including … unfavorable demographic change - in particular, population aging-on labor productivity. …
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