Showing 1 - 10 of 5,518
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …
Persistent link: https://www.econbiz.de/10013183835
In the last decade there has been an upsurge of studies on international comparisons of Total Factor Productivity (TFP … physical capital) but mainly in productivity and technology. Therefore, a crucial issue is the analysis of the determinants of …
Persistent link: https://www.econbiz.de/10014206553
economic and price level convergence, respectively, refer to the narrowing of the income (productivity) and the price level gap … helps us understand, why net real wages are relatively low in these countries (as compared to their relative level of income/productivity …
Persistent link: https://www.econbiz.de/10011333487
This paper explores the contribution of knowledge capital to total factor productivity differences among regions within … empirically test the model, to measure both direct and indirect effects of knowledge capital on regional total factor productivity …
Persistent link: https://www.econbiz.de/10013137858
which R&D offshoring is associated with productivity dynamics of European regions. We find that offshoring regions have … higher productivity growth, but this positive effect fades down with the number of investment projects carried out abroad. A … large and positive correlation emerge between the extent of R&D offshoring and the home region productivity growth …
Persistent link: https://www.econbiz.de/10013064572
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
Persistent link: https://www.econbiz.de/10012991194
Using a large firm level dataset, that covers 18 European countries in the 2006-2014 period, I develop an empirical approach in the spirit of Rajan and Zingales (1998) in order to study whether and to what extent the credit cycle influences the efficient allocation of resources across firms. I...
Persistent link: https://www.econbiz.de/10012925009
R&D output to capture the contribution of R&D (direct and spilled-over) to regional productivity at the industry level …. The results suggest that interregional knowledge spillovers and their productivity effects are to a substantial degree …) produce interregional knowledge spillovers that have positive and highly significant productivity effects. The study, moreover …
Persistent link: https://www.econbiz.de/10014205704