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In this paper we analyze the relationship between R&D spillovers and productivity. To this aim, we use data from 9th … taxonomy accounts for differences in the knowledge intensity and innovative activities within sectors. The estimation method … results provide evidence of higher productivity in R&D intensive industries and this can be interpreted as the signal of the …
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This paper investigates the factors behind developments in inflation expectations in euro area, the U.S. and the U.K. over the sample 2005-2015. Our analysis unveils the presence of a quantitatively important spillover from euro area long-term inflation expectations onto international ones, in...
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This paper concentrates on the central link between productivity and knowledge capital, and shifts attention from firms … estimate the effects over the period 1997-2002. The dependent variable is total factor productivity (TFP). We use a region … panel data spatial error model is advocated and implemented for analyzing the productivity effects. The findings provide a …
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