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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10010440426
The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is largely neglected. Job-creation is often thought to be a matter of encouraging more employment on a given capital stock. In contrast, this paper explicitly deals with the long-run...
Persistent link: https://www.econbiz.de/10010495336
by labour productivity. To this end, the stochastic frontier technique is used on a unique unbalanced longitudinal … firms. From a policy perspective, the results of this study suggest that - if the aim is to leverage firms' productivity … other hand, corporate R&D in the low-tech sector is found to have a minor effect in explaining productivity. Instead …
Persistent link: https://www.econbiz.de/10011981958
Measuring the dispersion of productivity or efficiency across firms in a market or industry is rife with methodological …
Persistent link: https://www.econbiz.de/10011622903
, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … results of this study suggest that - if the aim is to leverage companies' productivity - emphasis should be put on supporting …-tech sector turns out to have a minor effect. Instead, encouraging investment in fixed assets appears vital for the productivity …
Persistent link: https://www.econbiz.de/10010269441
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
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/10003854932
technology imported from non-leaders increases exports by about 28 percent. -- Technology Choice ; Exporting ; Productivity …
Persistent link: https://www.econbiz.de/10003956230
macroeconomic shocks. Our results confirm that selection into exporting is largely driven by productivity and industry technological …
Persistent link: https://www.econbiz.de/10009310852
traditional macro approach to estimating the determinants of total factor productivity (TFP) does not handle them well. To counter … jointly considering the effects of R&D and the impact of non-R&D innovation activities on the productivity levels of firms …
Persistent link: https://www.econbiz.de/10010380964