Showing 1 - 10 of 15,750
The paper studies the impact of intangible assets on economic growth and unemployment from a regional perspective. The familiar relationship between changes in the unemployment rate and economic growth – known as Okun's law – is taken as a workhorse of the analysis and estimated for the 27...
Persistent link: https://www.econbiz.de/10013073795
We study the aggregate productivity effects of firm-level financial frictions. Credit constraints affect not only production decisions but also household-level schooling decisions. In turn, entrepreneurial schooling decisions impact firm-level productivities, whose cross-sectional distribution...
Persistent link: https://www.econbiz.de/10011586645
Persistent link: https://www.econbiz.de/10010528422
Persistent link: https://www.econbiz.de/10011508187
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10010374120
Persistent link: https://www.econbiz.de/10014560597
Persistent link: https://www.econbiz.de/10010383435
The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and … the correlation between the convergence process and economic growth we focused, as it is usually used in specialised … literature to analyse the real convergence, on the dynamics of GDP per capita expressed in case of EU by PPS (Purchasing Power …
Persistent link: https://www.econbiz.de/10011866850
We present a sticky-wage model with two types of labors: while worker's labor contributes to current production, researcherís work helps develop new ideas to add to firm's knowledge capital that enhances its productivity for many periods. The long-lived effect of knowledge capital on...
Persistent link: https://www.econbiz.de/10012024683
Market capitalization and intellectual capital can be understood as two main that can play a dynamic role in multiple organizational decisions. Given that, the current study examines the role of market capitalization and intellectual capital in determining corporate investment decisions. In our...
Persistent link: https://www.econbiz.de/10013334841