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The objective of the present paper is to study the impact of R&D investment on inter-regional labour migration and … assess the impact of R&D investment on TFP growth. In our next step we produce regional scenarios for R&D investments …
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accounting school appears due to limitations existing in the measures in efficiency units of the quality of the real investment …, because of the investment is not really comparable along the time. The analysis is based in to adjust the quality or … productivity of the investment goods constructing hedonic prices indices. This school is represented among others by Hulten (1992 …
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. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation … it leads also to increasing wages for high-skilled workers, automation induced reshoring is associated with an increasing …
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This paper studies the effects of investment tax credits on firms’ input choices by exploitinga sudden shift in the tax … significant increase in both investment and employment, with implied elasticities with respect to capital costs of 2.8 and 1 … evidence that the average firm adjusts its skill mix or occupational structure, firms in industries with higher investment …
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This paper studies the implications of (endogenously) directed technical change for the design of non-linear labor income taxes in a Mirrleesian economy augmented to include endogenous technology development and adoption choices by firms. First, I identify conditions under which any progressive...
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