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Utilizing a novel econometric approach, routed around the identification and estimation of spatial panel VAR model, the …
Persistent link: https://www.econbiz.de/10015081402
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 …
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The importance of innovation for the economic performance of industrialized countries has been largely stressed recently by the theoretical and empirical literature. Moreover the intensity of knowledge externalities in generating innovation, is the key parameter in determining sustained growth...
Persistent link: https://www.econbiz.de/10009781621
The importance of innovation for the economic performance of industrialized countries has been largely stressed recently by the theoretical and empirical literature. Moreover the intensity of knowledge externalities in generating innovation, is the key parameter in determining sustained growth...
Persistent link: https://www.econbiz.de/10013321122
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … productivity. We first estimate the determinants of knowledge flows across 141 sub-national regions in 19 countries of Europe and … productivity of R&D resources in generating innovation (patenting) and productivity (TFP). While we find that knowledge diffusion …
Persistent link: https://www.econbiz.de/10001689358
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