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The benefits of research and development (R&D) investment extend beyond the undertaking firms and may impact the wider economy through spillovers. This study examines the effect of Multinational Companies (MNCs)' R&D intra-industrial spillovers on total factor productivity (TFP) using firm-level...
Persistent link: https://www.econbiz.de/10014518816
The Prosperity pillar of the 2030 Agenda for Sustainable Development calls for an integrated approach based on boosting productivity through diversification, upgrading technology and innovation, and increasing employment and entrepreneurship. Thailand needs to address all these challenges to...
Persistent link: https://www.econbiz.de/10011914179
This paper investigates the effect of market size on innovation activities across different durable good industries in the Chinese manufacturing sector. We use a potential market size measure driven only by changes in the Chinese income distribution which is exogenous to changes in prices and...
Persistent link: https://www.econbiz.de/10010338977
Italy has yet to recover from the economic consequences of the financial and sovereign debt crisis that began more than a decade ago. In addition to losing 1.4 million jobs across the manufacturing and construction sectors, new industries driving growth across the EU, such as knowledge-intensive...
Persistent link: https://www.econbiz.de/10011983469
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This paper revisits the role of the manufacturing sector during the middle-income stage. By exploiting a large dataset that covers internationally comparable sectoral information, we prove that the manufacturing sector is imbued with three important characteristics. First, for middle-income...
Persistent link: https://www.econbiz.de/10011476359
experiences of China and India throughout the history of ITA, from the conclusion of the original ITA-1 agreement in 1996 up to … the extended ITA-2 agreement on December 16, 2015. India joined ITA early from a position of weakness in electronics … domestic electronic manufacturing and innovation. By contrast, China joined ITA six years after India from a position of …
Persistent link: https://www.econbiz.de/10014129227
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Despite the rapid pace of innovation in information and communications technologies (ICT) and electronics, aggregate US productivity growth has been disappointing since the 1970s. We propose and empirically explore the hypothesis that slow growth stems in part from an unbalanced sectoral...
Persistent link: https://www.econbiz.de/10014322814