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estimates of the tax_price elasticity of R&D and the effect of R&D on productivity. For the latter we allow R&D to have an … effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
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-1990. An empirical framework is used in which innovation and technology transfer provide two potential sources of productivity …The two aspects of research and development (R&D) involving the stimulation of innovation and the facilitation of … productivity sector catch up quickly if they invest heavily in R&D. Findings provide evidence of R&D effects on both the rates of …
Persistent link: https://www.econbiz.de/10013154357
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in … productivity growth. …
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Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in … productivity growth …
Persistent link: https://www.econbiz.de/10014038646
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productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … accounting and econometric evidence suggest an important role for ICTs in accounting for productivity. In fact, the empirical … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …
Persistent link: https://www.econbiz.de/10011071487
growth and major strands of the empirical literatures on R&D, productivity growth, and productivity convergence. Starting … foundations for the reduced-form equations for Total Factor Productivity (TFP) growth frequently estimated empirically using … industry-level data. R&D affects both innovation and the assimilation of others’ discoveries (‘absorptive capacity’). Long …
Persistent link: https://www.econbiz.de/10010884730