To what extent are the productivity spillovers of information technology related to R&D activity? Do these factors …-run productivity growth. We control for either the domestic specialization in digital productions or import penetration of high …-tech goods. In any case, the national endowment of IT assets emerges as a robust source of spillovers. It is also shown that the …

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 …

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 …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

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 …

This paper brings together the latest data and OECD productivity indicators in different areas with the aim of … reviewing the main productivity trends over the past decade, comparing the United States, Europe and to some extent Japan …. Concerning economy wide indicators of productivity, the slowdown appears to be due to a significant slowdown in investment in …

This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

The measurement of the impact of IT spillovers on productivity is an important emerging area of research. Studies of IT … spillovers often adopt a ‘production function’ approach commonly used for measuring R&D spillovers, in which an external pool of … estimated social returns to IT investment. This problem is particularly severe for estimating IT spillovers due to the high …