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Persistent link: https://www.econbiz.de/10014433201
Economists, in particular Bresnahan and Trajtenberg (1995), have recently drawn attention to the importance of generic or general purpose technologies (GPTs) and their significance for economic growth. An interesting part of this research identies coordination problems in the introduction of...
Persistent link: https://www.econbiz.de/10011518860
We analyze the role of electricity storage for technological innovations in electricity generation. We propose a directed technological change model of the electricity sector, where innovative firms develop better electricity storage solutions, which affect not only the relative competitiveness...
Persistent link: https://www.econbiz.de/10011497793
Persistent link: https://www.econbiz.de/10014369299
The literature on R&D-based growth establishes that market equilibrium is inefficient and derives optimal R&D policy. Normative analyses of this type use the assumption of steady state, largely motivated by analytical convenience. This paper questions this steady-state approach by introducing...
Persistent link: https://www.econbiz.de/10013142321
This paper analyses the causal relationships in regional technological systems within a structural vector autoregression (SVAR) framework. Applying a data-driven identification strategy based on Independent Component Analysis, it shows how the regional growth dynamics of economic, research,...
Persistent link: https://www.econbiz.de/10011303809
One of the most well-known empirical regularities in the R&D-productivity literature is the existence of substantial …
Persistent link: https://www.econbiz.de/10014135336
One of the most well-known empirical regularities in the R&D-productivity literature is the existence of substantial …
Persistent link: https://www.econbiz.de/10014136822
sector, the public sector and foreign firms) on multifactor productivity growth of 16 countries from 1980 to 1998. The main … results show that the three sources of knowledge are significant determinants of long-term productivity growth. Further … evidence suggests that several factors determine the extent to which each source of knowledge contributes to productivity …
Persistent link: https://www.econbiz.de/10014070669
, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures …
Persistent link: https://www.econbiz.de/10011953713