Showing 1 - 10 of 10,995
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
This paper explores the contribution of knowledge capital to total factor productivity differences among regions within … empirically test the model, to measure both direct and indirect effects of knowledge capital on regional total factor productivity …
Persistent link: https://www.econbiz.de/10013137858
Factor misallocation has been emphasized as one of the main sources of differences in aggregate TFP. This paper investigates the empirical dynamics of both capital and labor misallocation. Exploiting a balanced firm-level panel dataset covering manufacturing and services industries in several...
Persistent link: https://www.econbiz.de/10012909565
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10013314751
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10012391362
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 …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10010374120
on the channels through which tighter environmental regulation affects productivity and innovation. Our findings suggest … particular, market based environmental stringency measures seem to be the most suitable to stimulate innovation and productivity … targets, especially through the channels of innovation and productivity enhancement …
Persistent link: https://www.econbiz.de/10013002877
This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity …. The information technologies Sectors have the highest mark-ups for maximizing productivity growth. The persistence of …
Persistent link: https://www.econbiz.de/10012153884
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
The role of patents is threefold: first, they are important to state the property rights of an invention; second, they are necessary to secure financing for starting a new venture; third, they are fundamental to recoup R&D investments. The main difficulty in preventing unauthorized use of an...
Persistent link: https://www.econbiz.de/10011291288