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The impact of public R&D support on firms' patenting
Bye, Brita; Klemetsen, Marit; Raknerud, Arvid - 2019
We examine the impact of both R&D tax credits and direct R&D subsidies on Norwegian firms' patenting. Whereas direct … technologies. We find that both direct subsidies and tax credits have significant positive effects on patenting. However, the …
Persistent link: https://www.econbiz.de/10012052296
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Macroeconomic Reform and Technical Efficiency in Australian Manufacturing - A Stochastic Production Frontier Analysis
Karunaratne, Neil Dias - 2012
The paper reports the empirical results of the validation of the Stochastic Production Frontier (SPF) Model to an unbalanced panel comprising a cross-section of 8 manufacturing industries over a time span of 26 years The results provide insights on the repercussions of the micro-economic reform...
Persistent link: https://www.econbiz.de/10013104325
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Heterogeneous R&D spillovers and sustainable growth : limits to efficient regulation
Bondarev, Anton - 2018
This paper introduces heterogeneity of cross-technologies interactions into the double-differentiated R&D-based endogenous growth model. In this model new technologies appear continuously and older are outdated generating structural change. All technologies may interact with each other through...
Persistent link: https://www.econbiz.de/10011790678
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Temporary and permanent technology lock-ins in the quality-differentiated Bertrand competition
Bondarev, Anton; Krysiak, Frank C. - 2017
We consider a setting where strategic behavior of r&d firms can lead to different types of a technology lock-in, permanent or temporary, in an eventually inferior technology. The simple setting with one incumbent and one potential entrant may lead to a wide variety of possible strategic regimes....
Persistent link: https://www.econbiz.de/10011656752
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Quality-adjusted productivity gain in the propagation of innovation
Nakano, Satoshi; Nishimura, Kazuhiko - In: Journal of economic structures : JES; the official … 4 (2015), pp. 1-16
We introduce a class of production function whose inputs and outputs constitute multiples of quality and quantity. Under the efficiency unit approach, we precisely reduce innovation regarding qualitative and quantitative improvements of production to the measurement of quality-adjusted...
Persistent link: https://www.econbiz.de/10011386875
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A Doubly Corrected Robust Variance Estimator for Linear GMM
Hwang, Jungbin - 2019
We propose a new finite sample corrected variance estimator for the linear generalized method of moments (GMM) including the one-step, two-step, and iterated estimators. Our formula additionally corrects for the over-identification bias in variance estimation on top of the commonly used finite...
Persistent link: https://www.econbiz.de/10012863983
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The Factor-Lasso and K-Step bootstrap approach for inference in high-dimensional economic applications
Hansen, Christian Bailey; Liao, Yuan - 2016
We consider inference about coefficients on a small number of variables of interest in a linear panel data model with additive unobserved individual and time specific effects and a large number of additional time-varying confounding variables. We allow the number of these additional confounding...
Persistent link: https://www.econbiz.de/10011582013
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More publicly funded research, more knowledge spillovers, more economic growth? : an empirical analysis for German regions
Eberle, Jonathan; Brenner, Thomas; Mitze, Timo - 2018
This paper deals with the effects of publicly funded research on regional technological progress and economic growth. We adopt a system approach and investigate the effects on all regional input factors and output by means of a flexible spatial panel VAR (SpPVAR) model. This allows us to deal...
Persistent link: https://www.econbiz.de/10011794063
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Innovation strategies and technical efficiency
González-Blanco, Jennifer; Rodríguez-Domínguez, … - In: European research on management and business economics 30 (2024) 2, pp. 1-10
In the innovation literature, little attention has been paid to technical efficiency as a measure of performance, despite the fact that technical efficiency is key to explaining firm productivity. In this study we analyze the influence of internal R&D, external R&D and R&D cooperation on the...
Persistent link: https://www.econbiz.de/10015055554
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New evidence on the finite sample properties of propensity score matching and reweighting estimators
Busso, Matias; DiNardo, John; McCrary, Justin - 2009
Currently available asymptotic results in the literature suggest that matching estimators have higher variance than … reweighting estimators. The extant literature comparing the finite sample properties of matching to specific reweighting … estimators, however, has concluded that reweighting performs far worse than even the simplest matching estimator. We resolve this …
Persistent link: https://www.econbiz.de/10010268994