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Economic stimulus effects of product innovation under demand stagnation

Matsuzaki, Daisuke; Ono, Yoshiyasu - 2023

When faced with economic stagnation, innovation, product innovation in particular, is often cited as an effective stimulus because it is thought to encourage household consumption and lead to higher demand. Using a secular stagnation model with wealth preference, we examine the effects of...

Persistent link: https://www.econbiz.de/10014233349

China’s Value-Added Tax Reform, Firm Behavior, and Performance

Nie, Huihua - 2010

China reformed value-added tax (VAT) by removing investment from the tax base in northeastern provinces in 2004, which is a “natural experiment” of its tax system. Using difference-in-differences method, this paper for the first time investigates the impact of VAT reform on China firms'...

Persistent link: https://www.econbiz.de/10013135816

Measuring inflation with heterogeneous preferences, taste shifts and product innovation : methodological challenges and evidence from microdata

Osbat, Chiara; Conflitti, Cristina; Bellocca, Gian-Pietro; … - 2023

This paper provides an extensive literature review and analyses some open issues in the measurement of inflation that can only be explored in depth using micro price data. It builds on the analysis done in the context of the ECB's strategy review, which pointed at directions for improvement of...

Persistent link: https://www.econbiz.de/10014316398

Valuation of new goods under perfect and imperfect competition

Hausman, Jerry A. - In: The economics of new goods : [contains revised versions …, (pp. 209-237). 1997

Persistent link: https://www.econbiz.de/10001322685

Estimating the benefits of R&D subsidies for Germany

Koehler, Mila - 2018

In Germany, R&D subsidies are an important tool to support innovation in the private sector. This paper studies the … government, the estimated average social rate of return is 34% for Germany in the period 1994 to 2011. Thereby effects on firm … decision in Germany remained remarkably stable over time, and that application costs as well as the marginal profitability of …

Persistent link: https://www.econbiz.de/10011780867

Specialisation precedes diversification : R&D productivity effects

Foreman-Peck, James S.; Zhou, Peng - 2023

We model how R&D enters the innovation system in four ways (intramural, extramural, cooperative, and spillover). Despite measuring three different spillovers together, for a very large sample of European enterprises we conclude that the productivity effects of spillovers were at best smaller...

Persistent link: https://www.econbiz.de/10014434667

Fiscal policies for job creation and innovation : the experiences of US states

Chirinko, Robert S.; Wilson, Daniel J. - 2022

This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation. We begin with a discussion of some general considerations about the design of tax policies summarized in a tax policy design table. Four policies are reviewed: job creation tax...

Persistent link: https://www.econbiz.de/10013473649

Fiscal Policies for Job Creation and Innovation : The Experiences of Us States

Chirinko, Robert S.; Wilson, Daniel J. - 2022

Persistent link: https://www.econbiz.de/10014264416

Taxes, Spending, and Innovation

Simkovic, Michael - 2019

Part I: Billionaire Taxes, "https://ssrn.com/abstract=3326615" https://ssrn.com/abstract=3326615.Part III: After Paying Ultra-High Net Worth Wealth Taxes, How Much Would Billionaires Have Left to Live on?, "https://ssrn.com/abstract=3340925" https://ssrn.com/abstract=3340925.Key Takeaways: -...

Persistent link: https://www.econbiz.de/10012892715

Fiscal policy, economic growth and innovation : an empirical analysis of G20 countries

Hanusch, Horst; Chakraborty, Lekha S.; Khurana, Swati - 2017

This paper analyzes the effectiveness of public expenditures on economic growth within the analytical framework of comprehensive Neo-Schumpeterian economics. Using a fixed-effects model for G20 countries, the paper investigates the links between the specific categories of public expenditures and...

Persistent link: https://www.econbiz.de/10011608875

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