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Public support for innovation, intangible investment and productivity growth in the UK market sector

Haskel, Jonathan; Wallis, Gavin - 2010

Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other “research” activities, such as software. Second, argument still...

Persistent link: https://www.econbiz.de/10003940536

Productivity of ICT and non-ICT capital : the role of rates of return and capital prices

Niebel, Thomas; Saam, Marianne - 2011

We investigate the role rates of return and rates of asset price decline play in explaining sources of productivity growth in the context of a growth accounting approach. Our analysis is based on data from the EU KLEMS database for seven countries in the period of 1990 − 2007. We introduce a...

Persistent link: https://www.econbiz.de/10009424070

Development accounting and international trade

Ishise, Hirokazu - 2015

Development accounting shows that a significant part of cross-country income differences is attributed to differences in total factor productivity (TFP), but the sources of TFP differences are not well understood. This paper considers the role of international trade to explain cross-country...

Persistent link: https://www.econbiz.de/10011311201

Transition, integration and convergence : the case of Romania

Iancu, Aurel - 2010

This volume comprises several studies and papers published in the last decades. They have been selected and ranged so that to provide a minimum of coherence concerning the phases which Romania has crossed in her way to the advanced socio-economic system of European type: transition to the market...

Persistent link: https://www.econbiz.de/10010529088

Real convergence and integration

Iancu, Aurel - 2009

The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical...

Persistent link: https://www.econbiz.de/10010529091

Real economic convergence

Iancu, Aurel - 2009

Real convergence is an essential objective of Romania's integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose,...

Persistent link: https://www.econbiz.de/10010529092

Measuring capital services by energy use : an empirical comparative study

Bitzer, Jürgen; Gören, Erkan - 2013

From an engineering perspective, a capital good’s service is energy conversion - e.g., the physical 'work' done by a machine - and can thus be measured directly by the energy consumed in production. We show important empirical advantages of our concept over traditional measures. The empirical...

Persistent link: https://www.econbiz.de/10009733475

Wege zu einem höheren Wachstumspfad

Bach, Stefan; Baldi, Guido; Bernoth, Kerstin; Bremer, Björn - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 80 (2013) 26, pp. 6-17

1999 haben die Euroländer im Durchschnitt mehr Wirtschaftswachstum erzielt als Deutschland, und ein großer Teil der … das deutsche Pro-Kopf-Wirtschaftswachstum unter sonst gleichen Bedingungen jährlich um fast einen Prozentpunkt höher … höherem Wirtschaftswachstum in Deutschland führen würde. Das Potentialwachstum könnte 2017 um 0,6 Prozentpunkte höher sein …

Persistent link: https://www.econbiz.de/10009759681

TFP convergence in German states since reunification : evidence and explanations

Burda, Michael C.; Severgnini, Battista - 2015

A quarter-century after reunification, labor productivity in eastern Germany continues to lag systematically behind the West. Denison-Hall-Jones point-in-time estimates point to large gaps in total factor productivity as the proximate cause, and auxiliary measurements which do not rely on...

Persistent link: https://www.econbiz.de/10011437754

Computer Adjustment Costs : Is Quality Improvement Important?

Mun, Sung-Bae - 2013

This paper examines how the costs of adopting new technology are different from those of expanding capital stock by utilizing the data on 20 U.S. manufacturing industries from 1983 to 1998. Using the Generalized Method of Moment (GMM), I estimate a dynamic factor demand model in which the...

Persistent link: https://www.econbiz.de/10013089202