Showing 1 - 10 of 6,791
This paper focuses on investment in research and development as a factor of labour productivity and economic growth … productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A … development (2.85% of EU GDP) maximising productivity (per hour of work) was determined based on the examined data. In accordance …
Persistent link: https://www.econbiz.de/10012020507
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …
Persistent link: https://www.econbiz.de/10012964191
The paper focuses on the impact of business related R&D spending on input factor productivity (IFP) using international … patent applications as a technology diffusion channel. Considering the relationship between research and productivity … present and that the impact on labor productivity for Non-G7 countries is higher due to foreign rather than domestic R …
Persistent link: https://www.econbiz.de/10010296393
While the economic theory predicts that developing countries will gain the most from technology spillovers, there have … to disentangle the effects of international spillovers via trade and FDI. My findings show that imports remain the main … on domestic productivity. The domestic R&D capital stock plays an active role in Western Europe while in the Eastern part …
Persistent link: https://www.econbiz.de/10003656226
attracting knowledge and technology flows to it. By referring to "indirect" Research and Development (R&D) spillovers, we argue … argument is developed by extending to trade-related R&D spillovers the intersectoral "Average Propagation Length" (APL) of … factor) productivity impact of the foreign R&D stock available to one country, along with that of the R&D stock produced …
Persistent link: https://www.econbiz.de/10013159271
world. Although there is ample evidence for the direct impact of ICT on productivity, the spillover effect of ICT has so far … effects on labor productivity using an empirical growth model and panel data for 69 countries over the period 1992-2006. The … results show that ICT and its spillover have positive impacts on productivity worldwide, but the effects are much stronger in …
Persistent link: https://www.econbiz.de/10014189934
capital generates positive spatial spillovers …
Persistent link: https://www.econbiz.de/10013005317
evolution of innovation across time and space and its effect on productivity. We document a substantial rise of international … knowledge spillovers as measured by patent citations since the 1990s. This rise is mostly accounted for by an increase in … estimate the causal effect of innovation induced by international spillovers on sectoral output per worker and total factor …
Persistent link: https://www.econbiz.de/10013289325
evolution of innovation across time and space and its effect on productivity. We document a substantial rise of international … knowledge spillovers as measured by patent citations since the 1990s. This rise is mostly accounted for by an increase in … estimate the causal effect of innovation induced by international spillovers on sectoral output per worker and total factor …
Persistent link: https://www.econbiz.de/10013193741
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …
Persistent link: https://www.econbiz.de/10010279209