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In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012290495
We investigate the impact of reporting regulation on corporate innovation. Exploiting thresholds in Europe's regulation and a major enforcement reform in Germany, we find that forcing firms to publicly disclose their financial statements discourages innovative activities. Our evidence suggests...
Persistent link: https://www.econbiz.de/10012655962
We investigate the impact of reporting regulation on corporate innovation. Exploiting thresholds in Europe's regulation and a major enforcement reform in Germany, we find that forcing firms to publicly disclose their financial statements discourages innovative activities. Our evidence suggests...
Persistent link: https://www.econbiz.de/10012705621
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
This paper investigates the economic impact of the government's proposed new UK R&D tax credit. We measure the benefit of the credit by the effect on value added in the short and long?run. This is simulated from existing econometric estimates of the tax?price elasticity of R&D and the effect of...
Persistent link: https://www.econbiz.de/10005016782
that social policy and greater equality may actually contribute to higher productivity growth. Richard Harris surveys two … new endogenous growth theory that suggests that increases in inequality can hurt growth. …
Persistent link: https://www.econbiz.de/10005650204
discussions of long term economic growth". …
Persistent link: https://www.econbiz.de/10005650230
of ICTs and growth of the French economy over the past two decades; a structural perspective on the roots of the new …
Persistent link: https://www.econbiz.de/10005650247
Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in …-Marseilles II, Jacques Mairesse of INSEE-CREST, and Yusef Kocoglu of the University of Aix-Marseilles provide a detailed growth … accounting of the impact of diffusion of information and communication technologies (ICTs) on economic growth in France over the …
Persistent link: https://www.econbiz.de/10005650251
the macroeconomic perspective in the analysis of productivity growth. He believes that the golden age of productivity … growth during the 1945-73 period was in large part due to the solid macroeconomic performance of the period, a theme not …
Persistent link: https://www.econbiz.de/10005518975