Showing 1 - 10 of 349
primarily interested in the presence and magnitude of spillovers but imposes a rigid ad hoc structure on the channels these can … factor approach which accounts for R&D spillovers without imposing any arbitrary structure on their nature and channels. At …, pointing to the presence of knowledge spillovers. Further, our estimations suggest that when ignoring the presence of …
Persistent link: https://www.econbiz.de/10010270179
Innovation is widely considered as the main determinant of long-term economic growth. Despite this consensus, it is arduous to measure its economic effect at the firm and aggregate level. The objective of the present paper is to propose a critical examination of innovation indicators and...
Persistent link: https://www.econbiz.de/10011920343
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10011332475
Certainly the current crisis is affecting seriously the convergence process in EU. Starting from the spatial distribution in EU of some fundamental development indicators before the current crisis, we try to estimate the impact of the prolonged crisis. During last years, the less developed...
Persistent link: https://www.econbiz.de/10011340765
Most of the studies on convergence in regional GDP per capita estimated (beta) convergence among EU regions, at both EU-15 and EU-27 level. However, the speed of convergence is not constant either in time or between regions. Results for other variables, like health variables, are inconclusive....
Persistent link: https://www.econbiz.de/10011397293
Despite rapid economic integration and massive help from the Federal Government East German productivity catching up … faded out in the nineties. This paper presents panel-data estimates of the productivity adjustment based on a production … sources of productivity growth. The estimates reveal that a large part of productivity growth in the early nineties is related …
Persistent link: https://www.econbiz.de/10010270171
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ('corrected') factor productivity even becomes insignificant. Differences in corrected output must then be attributed …
Persistent link: https://www.econbiz.de/10010301417
This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response function analysis, growth spells techniques and panel regressions, we show that external demand (ED)...
Persistent link: https://www.econbiz.de/10010306945
The last two decades have seen a lot research devoted to understanding the economic impact of telecoms infrastructure; however, the explosion of mobile technology, especially in the last decade, has received much less attention. This study addresses important evidence gaps by considering the...
Persistent link: https://www.econbiz.de/10012113482
This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity …. The information technologies Sectors have the highest mark-ups for maximizing productivity growth. The persistence of …
Persistent link: https://www.econbiz.de/10012113493