This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

spillovers: trade, co-patenting and geographical proximity. Both our panel and instrumental variable estimations for European …Productivity across European regions is related to three types of networks that mediate R&D-related knowledge … regions suggest that network relations are crucial sources of R&D spillovers, but with potentially different features. While …

productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …

productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …

technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence … overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has …

evidence on the role of international technology spillovers on economic growth. Further, we discuss the transmission channels … of international technology spillovers and barriers to international technology diffusion. Next we turn to measuring … international technology diffusion. -- International technology spillovers ; Knowledge-intensive economy ; Absorptive capacity …

We investigate the role rates of return and rates of asset price decline play in explaining sources of productivity … somewhat downplay the role investment played relative to growth in multi-factor productivity in the UK and the US during 1995 … − 2000. Moreover, we show that more than half of the ICT contribution to labor productivity growth results from growth in …

We investigate the role rates of return and rates of asset price decline play in explaining sources of productivity … somewhat downplay the role investment played relative to growth in multi-factor productivity in the UK and the US during 1995 …-2000. Moreover, we show that more than half of the ICT contribution to labor productivity growth results from growth in capital …