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demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of …
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structure, export-exposure and less reliance on SOEs; the opposite is found for the effects of an investment shock and we … on the regional distribution of output of shocks to national macroeconomic variables such as GDP and investment. This is … instruments such as investment expenditure. It is likely that such national shocks will have differential regional impacts and so …
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accounting school appears due to limitations existing in the measures in efficiency units of the quality of the real investment …, because of the investment is not really comparable along the time. The analysis is based in to adjust the quality or … productivity of the investment goods constructing hedonic prices indices. This school is represented among others by Hulten (1992 …
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Road improvements lead to benefits in the form of e.g. reduced travelling time, improved traffic safety and reduced emissions. These improvements do not only benefit the actual road users, but they are also "spreading" into the local community or neighbouring communities through several types of...
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The paper describes the dynamic features of the ICT sector today, through a comparison among countries of the evolving role of investments in R&D in ICT. 41 geographical areas are analysed: 28 European member states, the EU as a whole, the United States, Canada, Australia, five Asian countries...
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