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 …

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 …

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 …

This paper reassesses the link between ICT prices, technology, and productivity. To understand how the ICT sector could … productivity. Because ICT technologies diffuse through the economy increasingly via purchases of cloud and data analytic services … substantially understate the productivity of the sector. The model developed in this paper also has implications for the …

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

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 …

during the crisis in 2008 and 2009, ICT-intensive firms were hit less hard with respect to their productivity. This holds in … innovations during that period which could explain their better productivity performance compared to non-ICT intensive firms. …

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 …