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Productivity is influenced by several firm-level factors, often latent. When unexplained, this latent heterogeneity can … lead to the mismeasurement of productivity differences between groups of firms. We propose a flexible, semi …-specific productivity determinants. We establish the performance of the proposed methodology through a Monte Carlo analysis and estimate …
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The paper investigates how top R&D investors differ in the production impact of their inputs and in their rate of technical change. We use the EU Industrial R&D Investment Scoreboard and perform a quantile estimation of an augmented Cobb-Douglass production function for a panel of more than...
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Based on the expectation that the intensified use of robots contributes to the growth of labour productivity, this …-ICT capital input contribute significantly to labour productivity growth in the period from 1995 to 2015. The results remain …, the model is used to assess the impact of an increase of robots use on the labour productivity in each of the 9 …
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