We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …

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 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 …

We show that an increase in aggregate uncertainty - measured by stock market volatility - reduces productivity growth … uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment … difference-in-difference approach using productivity growth of 25 industries from 18 advanced economies over the period 1985 …

This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from …

productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic …

examines the effect of the various user cost formulae on the measured multifactor productivity growth …

literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …

productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic …