Showing 1 - 10 of 310,456
This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …
Persistent link: https://www.econbiz.de/10010285349
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … productivity. We first estimate the determinants of knowledge flows across 141 sub-national regions in 19 countries of Europe and … North America as revealed by patent citation between US-granted patents. Then we estimate the impact of these flows on …
Persistent link: https://www.econbiz.de/10001689358
accumulation, a surge in hours worked, and faster growth of total factor productivity. The acceleration of productivity growth …
Persistent link: https://www.econbiz.de/10012444166
This paper analyzes the contribution of network externalities to the pickup in U.S. productivity in the early 2000s …. The Internet and wireless communication are treated as the central mechanisms of ICT-driven productivity growth. The … approach contrasts with the dominant view in the macro-productivity literature, which places microprocessor speed and …
Persistent link: https://www.econbiz.de/10013065774
productivity growth in the mid-1990s. This paper traces the evolution of productivity estimates to document how and when this … of the late 1990s that this investment and underlying productivity increases in the IT-producing sectors were identified … that private sector productivity growth will average around 2.5 percent per year for the next decade, a pace that is only …
Persistent link: https://www.econbiz.de/10012730498
This paper examines the link between information technology (IT) and the U.S. productivity revival in the late 1990s …. Industry-level data show a broad productivity resurgence that reflects both the production and the use of IT. The most IT …-intensive industries experienced significantly larger productivity gains than other industries and a wide variety of econometric tests show …
Persistent link: https://www.econbiz.de/10014056552
In the immediate postwar period, Moses Abramovitz and Robert Solow both examined data on output and input growth from the first half of the twentieth century and reached similar conclusions. In the twentieth century, in contrast with the nineteenth, a much smaller fraction of real output growth...
Persistent link: https://www.econbiz.de/10014220130
. In response to the crisis, these industries dramatically increased productivity. Labor productivity doubled in a few … years (whereas it had changed little in the preceding decade). Materials productivity increased by more than half. Capital … productivity increased as well. I show that most of the productivity gains were due to changes in work practices. Work practice …
Persistent link: https://www.econbiz.de/10012770720
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
using productivity and innovation data but has not directly assessed the effectiveness of R&D policy in promoting innovation …
Persistent link: https://www.econbiz.de/10011729096