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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
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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...
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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...
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