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Considering the observed patterns of R&D investment, we argue that a model which allows for a positive feedback from already acquired knowledge to the productiveness of current research, fits the empirical evidence better than the standard model that treats knowledge accumulation symmetrically...
Persistent link: https://www.econbiz.de/10011967956
foreign countries) on various firm outcomes (domestic employment, production, and productivity). It uses data from the … destroyed/created due to offshoring. Moreover, we do not find an effect on labour productivity, since the negative effect on …
Persistent link: https://www.econbiz.de/10013199014
Productivity of the Finnish private sector decreased during the financial crisis of 2008-2009 and, since then …, productivity growth has not reached the level preceding the crisis. A key factor underlying productivity growth is R&D. The … worthwhile considering whether changes in productivity effects of R&D, instead of changes in volumes of R&D inputs, may explain …
Persistent link: https://www.econbiz.de/10014329374
spillovers on firm-level productivity are extensively studied in applied work, but not in the context of resource misallocation …
Persistent link: https://www.econbiz.de/10014480357
’s foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011698692
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011744528
We study the importance of intangible capital (R&D, software, patents) for the measurement of productivity using firm … of input choice and unobserved productivity shocks. We find a positive output elasticity for research and development (R … output production function reduces productivity dispersion (measured by the 90-10 decile range) on average by 3%, in some …
Persistent link: https://www.econbiz.de/10012157226
Persistent link: https://www.econbiz.de/10010199472
The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10010202776
productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …
Persistent link: https://www.econbiz.de/10010509836