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This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …
Persistent link: https://www.econbiz.de/10010285349
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...
Persistent link: https://www.econbiz.de/10013024704
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … productivity. We first estimate the determinants of knowledge flows across 141 sub-national regions in 19 countries of Europe and … North America as revealed by patent citation between US-granted patents. Then we estimate the impact of these flows on …
Persistent link: https://www.econbiz.de/10013320378
This chapter examines how international flows of technological knowledge affect economic performance across industries and firms across different countries. Motivated by the large share of the world's technology investments made by firms that are active across country borders, we focus on...
Persistent link: https://www.econbiz.de/10014025152
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … productivity. We first estimate the determinants of knowledge flows across 141 sub-national regions in 19 countries of Europe and … North America as revealed by patent citation between US-granted patents. Then we estimate the impact of these flows on …
Persistent link: https://www.econbiz.de/10001689358
Persistent link: https://www.econbiz.de/10001415682
Persistent link: https://www.econbiz.de/10001461384
This study investigates the impact of telecommunications penetration on the aggregate production efficiency in a large cross-section of fifty countries. We show that higher levels of ICT capital stock penetration increase technical efficiency levels in the aggregate production function. However,...
Persistent link: https://www.econbiz.de/10012709022
We use detailed product- and firm-level data to study the sources of innovation and the patterns of productivity growth … productivity dynamics. Our estimates suggest that the decline in product reallocation through these margins has contributed greatly …
Persistent link: https://www.econbiz.de/10012957457
accumulation of human capital. Based on a perpetual inventory estimation procedure we construct an aggregate measure of the stock …
Persistent link: https://www.econbiz.de/10010440426