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The knowledge production function is central to Ramp;D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests there are two long-run cointegrating relationships....
Persistent link: https://www.econbiz.de/10012780677
a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and …. -- Economic models ; Potential output ; Productivity …
Persistent link: https://www.econbiz.de/10009355179
productivity growth. …
Persistent link: https://www.econbiz.de/10011537553
The accumulation of knowledge and its application to a variety of human needs is a discontinuous process that involves innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new technologies during industrial revolutions, other...
Persistent link: https://www.econbiz.de/10013277440
the other hand, is the major force leading to convergence in productivity due to the effect of the diffusion of technology … convergence in productivity levels. The structural model is then tested for a set of OECD countries over the period 1965 to 1994 …
Persistent link: https://www.econbiz.de/10011532013
We offer a barrier model of growth with a broader understanding of the sources of productivity growth. Organizational … more on own productivity improvements through organizational change. Trade liberalization in backward economies does not … give the expected boost to productivity growth, because of low capability to take advantage of the frontier technology …
Persistent link: https://www.econbiz.de/10011533799
Using a worldwide firm-level panel dataset I document a "U-shaped" relationship between productivity growth and … baseline levels within each country and industry. That is, fast productivity growth is concentrated at both ends of the … productivity distribution. This result serves as a potential explanation to two stylized facts documented in the economic …
Persistent link: https://www.econbiz.de/10012932712
The growth of agricultural productivity is widely believed to be low. But this study finds the productivity growth rate … may be an advantage.Martin and Mitra examine the growth and convergence of total factor productivity in agriculture and … rarely tested view that the rate of growth in agricultural productivity is invariably low. But Martin and Mitra find that the …
Persistent link: https://www.econbiz.de/10012749223
when we include R&D moments in the estimation. Finally, we study the link between firm heterogeneity and R&D subsidies, and …
Persistent link: https://www.econbiz.de/10012981182
foreign activities. Data for eleven sectors are used to explain the impact on total factor productivity of R&D by the sector … Dutch economy. The elasticity of total factor productivity with respect to R&D is approximately 35% for R&D by the sector …
Persistent link: https://www.econbiz.de/10014173511