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Persistent link: https://www.econbiz.de/10001734022
effect of spillovers on research productivity of firms exceeds the structural effect because it includes an active learning … effect of spillovers. I also perform tobit, ordered probit and grouped probit estimation of learning effort. I find that …
Persistent link: https://www.econbiz.de/10012471292
countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods … imports and productivity in eight OECD countries between 1970-91. First evidence that these countries benefit more from …
Persistent link: https://www.econbiz.de/10012471810
Although researchers have found that knowledgespillovers increase industrial firms' patenting and productivity … effect on the research productivity offirms. Empirical support for the model is based on a survey of 220 industrialR …
Persistent link: https://www.econbiz.de/10013153940
We study how cross-country macroeconomic spillovers caused by sovereign default affect equilibrium bailouts. Because of portfolio diversification, the default of one country causes a macroeconomic contraction also in other countries. This generates a self-interest for these other countries to...
Persistent link: https://www.econbiz.de/10012911465
This paper analyzes and compares the equilibrium levels of R&D expenditures, product quality, output, price, consumer surplus, and profit of a firm from noncooperative and cooperative product R&D games. This is done using an international duopoly model in which two firms produce differentiated...
Persistent link: https://www.econbiz.de/10012895724
Can the existence of positive productivity spillovers between co-workers be explained by the presence of …
Persistent link: https://www.econbiz.de/10012870242
Persistent link: https://www.econbiz.de/10012873122
This paper uses wavelets to decompose each stock's trading-volume variance into frequency-specific components. We find that stocks dominated by short-run fluctuations in trading volume have abnormal returns that are 1% per month higher than otherwise similar stocks where short-run fluctuations...
Persistent link: https://www.econbiz.de/10012969137
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