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Spillovers have usually been undertaken at the country level, the spillover effects can be more definitive only if the analysis is conducted at the industry-level. This paper therefore attempts to identify spillovers by disentangling technological innovations into intra- and inter-national...
Persistent link: https://www.econbiz.de/10011374054
a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and …. -- Economic models ; Potential output ; Productivity …
Persistent link: https://www.econbiz.de/10009355179
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...
Persistent link: https://www.econbiz.de/10013024704
We examine the dynamics of knowledge production for a panel of 19 OECD countries. A new and unique data set is used to proxy the domestic flows of “new-to-the-world” knowledge and ideas. We rigorously address the cross-country heterogeneity in the production of knowledge and the endogeneous...
Persistent link: https://www.econbiz.de/10012446444
productivity growth. …
Persistent link: https://www.econbiz.de/10011537553
accumulation of human capital. Based on a perpetual inventory estimation procedure we construct an aggregate measure of the stock …
Persistent link: https://www.econbiz.de/10010440426
We analyse the impact of innovation activity and product and labour market institutions on multi-factor productivity in … convergence in productivity levels within most industries across OECD countries. Convergence is however stronger in services than … of innovation activity (proxied by R&D expenditure) on productivity depends on market structure and technological …
Persistent link: https://www.econbiz.de/10014107382
We analyse the impact of innovation activity and product and labour market institutions on multi-factor productivity in … convergence in productivity levels within most industries across OECD countries. Convergence is however stronger in services than … of innovation activity (proxied by R&D expenditure) on productivity depends on market structure and technological …
Persistent link: https://www.econbiz.de/10012446907
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
Industrial houses and governments of different countries and groups spend a sizeable amount of their earnings upon research and development activities to create new products and obtain patents for them. The short-run motive is to get patents, and the long-run motive is to influence income growth...
Persistent link: https://www.econbiz.de/10012294665