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In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises - more so in domestically owned than in...
Persistent link: https://www.econbiz.de/10010224593
investment and innovation-driven, environmentally sustainable development holds important implications for both national and … and innovation-driven, environmentally sustainable growth path. We show that if R&D technological innovation is … environmental quality improves at a rate of 2.5%. In contrast, if R&D technological innovation is not harnessed as a new growth …
Persistent link: https://www.econbiz.de/10011451689
of physical capital accumulation, human capital accumulation and innovation drives the rise in China's aggregate income … capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model …
Persistent link: https://www.econbiz.de/10013104873
investment and innovation-driven, environmentally sustainable development holds important implications for both national and … and innovation-driven, environmentally sustainable growth path. We show that if R&D technological innovation is … environmental quality improves at a rate of 2.5%. In contrast, if R&D technological innovation is not harnessed as a new growth …
Persistent link: https://www.econbiz.de/10013000167
This paper investigates the effect of domestic market size on innovation activities across different durable good …
Persistent link: https://www.econbiz.de/10011790387
investment and innovation-driven, environmentally sustainable development holds important implications for both national and … and innovation-driven, environmentally sustainable growth path. We show that if R&D technological innovation is … environmental quality improves at a rate of 2.5%. In contrast, if R&D technological innovation is not harnessed as a new growth …
Persistent link: https://www.econbiz.de/10012996437
innovation output/quality or productivity. Post U.S. sanctions, firms in sanctioned sectors and their downstream suffer in … significant improvements in productivity and produced more innovation of breaking-through and explorative quality …
Persistent link: https://www.econbiz.de/10014089449
This paper investigates the effect of market size on innovation activities across different durable good industries in … increase in labour productivity by 6.5% and an increase in the likelihood of a successful product innovation by about 1 …
Persistent link: https://www.econbiz.de/10010338977
This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a "balanced" one in which China's productivity grows at...
Persistent link: https://www.econbiz.de/10009788687