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, this being the main reason for the differences in technological innovation between the USA and the EU‐11. However, since … technological innovation across industries. The variable analyzed and constructed is R&D capital stock and not R&D expenditures. It … applies a methodology (shift‐share analysis and Theil index) not commonly used to analyze technological innovation …
Persistent link: https://www.econbiz.de/10014721282
Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...
Persistent link: https://www.econbiz.de/10008490086
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This paper quantifies the effect of reallocation dynamics on aggregate productivity developments in the banking sectors of Europe and the United States. We document an increase in productivity over the period 1995-2009, on the order of 11 in the US and 19 in Europe. At an annual frequency,...
Persistent link: https://www.econbiz.de/10010856537
Motivated by the dominant role of cross-country heterogeneity in private saving in the creation of Eurozone imbalances over the past decade, we empirically investigate the determinants of private saving for a sample of 30 OECD countries over the period 1990-2010. In addition to standard...
Persistent link: https://www.econbiz.de/10010856565
Data on physical capital are an indispensable part of economic growth and efficiency studies. In the case of China, economy-wide fixed asset series are usually derived by aggregating gross fixed capital formation (net of depreciation) over time, and sectoral/ownership-specific series by...
Persistent link: https://www.econbiz.de/10005412585
Data on physical capital are an indispensable part of economic growth and efficiency studies. In the case of China, fixed asset time series are usually derived either by aggregating gross fixed capital formation data over time, net of depreciation, or by correcting the limited official fixed...
Persistent link: https://www.econbiz.de/10005556078
Persistent link: https://www.econbiz.de/10003727583
A framework is developed with what we call technology capital. A country is a measure of locations. Absent policy constraints, a firm owning a unit of technology capital can produce the composite output good using the unit of technology capital at as many locations as it chooses. But it can...
Persistent link: https://www.econbiz.de/10003479620