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substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …
Persistent link: https://www.econbiz.de/10012438305
The productivity generated by capital goods is not uniform along the time. When there exist conventional physical … capital goods the productivity obtained is minor that the one generated by quality capital goods. To obtain a correct measure … productivity of the investment goods constructing hedonic prices indices. This school is represented among others by Hulten (1992 …
Persistent link: https://www.econbiz.de/10011527365
This survey reviews the literature on firm dynamics, innovation and growth aiming to better understand the main channels through which innovation affects the performance of modern economies. Since innovations fundamentally diffuse through a complex process of firm and product creation and...
Persistent link: https://www.econbiz.de/10012793167
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indicators, such as: gross product, profitability, labor productivity, which show the overall efficiency of the factors, specific …
Persistent link: https://www.econbiz.de/10014340843
paper, we explore development and differences in productivity and efficiency trends in the two countries before and after … introduction of milk quotas, and more generally, changes in agricultural policy and macro-economic factors. We model productivity …
Persistent link: https://www.econbiz.de/10011540906
The focus of this study is on regional knowledge production activities in Europe, with special emphasis on the interplay between agglomeration and network effects. As increasingly considered in economic geography and regional science in the recent past, regional knowledge production activities,...
Persistent link: https://www.econbiz.de/10011515648
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Utilizing a novel econometric approach, routed around the identification and estimation of spatial panel VAR model, the paper provides new estimates of the dynamic effects of private and public R&D expenditure on innovative activity within European regions. The positive long run response of...
Persistent link: https://www.econbiz.de/10015081402