Showing 1 - 10 of 25,713
we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … spillovers from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on …
Persistent link: https://www.econbiz.de/10008468645
Does publicly-financed R&D spill over to private sector productivity growth? We document a robust correlation between … UK public-sector financed R&D disbursed via research councils and market sector total factor productivity growth. …
Persistent link: https://www.econbiz.de/10010664136
we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … spillovers from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on …
Persistent link: https://www.econbiz.de/10008615440
, which ignores the potential impact of spillovers on consistent estimation. Using a panel of twelve manufacturing industries … across ten OECD economies, we investigate whether ignoring spillovers leads to bias in the estimated private returns to R …&D. We compare results from a common factor framework, which accounts for spillovers and other unobserved shocks, to those …
Persistent link: https://www.econbiz.de/10011009882
In this paper we analyze the relationship between R&D spillovers and productivity. To this aim, we use data from 9th … results provide evidence of higher productivity in R&D intensive industries and this can be interpreted as the signal of the …
Persistent link: https://www.econbiz.de/10009372473
This study investigates the role of international spillovers in generating productivity gains for a panel of 24 OECD … characterize the global interdependence implied by international spillovers and the diffusion mechanisms involved. Consistently … with some recent studies in this field, the evidence suggests that there are substantial cross-country spillovers mainly …
Persistent link: https://www.econbiz.de/10010580504
This study investigates the role of international spillovers in generating productivity gains for a panel of 24 OECD … characterize the global interdependence implied by international spillovers and the diffusion mechanisms involved. Consistently … with some recent studies in this field, the evidence suggests that there are substantial cross-country spillovers mainly …
Persistent link: https://www.econbiz.de/10011109752
primarily interested in the presence and magnitude of spillovers but imposes a rigid ad hoc structure on the channels these can … factor approach which accounts for R&D spillovers without imposing any arbitrary structure on their nature and channels. At …, pointing to the presence of knowledge spillovers. Further, our estimations suggest that when ignoring the presence of …
Persistent link: https://www.econbiz.de/10008487627
There is a wide consensus that New Zealand’s productivity has been poor despite the comprehensive market …-oriented reforms of the 1980’s. This consensus is based on estimates of New Zealand’s productivity growth measured either in terms of … GDP per capita or total factor productivity (TFP). TFP is typically computed using growth accounting (i.e., calibrating a …
Persistent link: https://www.econbiz.de/10005556741
sector, the public sector and foreign firms) on multifactor productivity growth of 16 countries from 1980 to 1998. The main … results show that the three sources of knowledge are significant determinants of long term productivity growth. Further … evidence suggests that several factors determine the extent to which each source of knowledge contributes to productivity …
Persistent link: https://www.econbiz.de/10005558897