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 …

The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …

productivity improvements not within sectors but within value chains. It allows judging in a better way to what extent more or … result is that more than half of the productivity gains related to ICT capital deepening for manufactured goods are … sectoral growth in total factor productivity (TFP) in the ICT sector contributes only moderately to TFP growth in non-ICT value …

productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …

This paper deals with the role of ICTs in the recent productivity slowdown, and with their possible future impact on … productivity in developed countries: the United States (US), the Euro Area (EA), the United Kingdom (UK) and Japan. Few papers … analyze the recent slowdown of the ICT contribution to productivity growth, and these papers, which concern only the US …

in total factor productivity (TFP), but the sources of TFP differences are not well understood. This paper considers the … role of international trade to explain cross-country income differences in TFP. By using a multi-country Ricardian trade … model, I distinguish trade costs and trade policy factors from a pure technology factor in TFP. Under the baseline …

productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …

This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 40 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …

This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the … capital deepening accounts for around 50 percent of labor productivity growth at both the aggregate and sectoral level. Second …, we find that this positive impact of intangible capital on productivity growth at both levels of aggregation is driven by …