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A model is estimated for oligopolistic industries producing multiple outputs in short-run equilibrium. Outputs are sold domestically and exported, while capital is treated as a quasi-fixed factor. The model is applied to the Canadian nonelectrical machinery, electrical products and chemical...
Persistent link: https://www.econbiz.de/10005722974
This Paper develops a framework for testing discrete complementarities in innovation policy using European data on obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality constraints. We apply our test to two types of...
Persistent link: https://www.econbiz.de/10005661425
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10008487261
[fre] Pour évaluer les effets des investissements de Recherche et Développement (R-D) sur la productivité des entreprises et secteurs d'activité, plusieurs approches ont été adoptées par les économètres. Même si elles relèvent d'une approche commune, peu d'études sont tout à fait...
Persistent link: https://www.econbiz.de/10008554567
Beaucoup d'études empiriques montrent que la structure de la production et la croissance de la productivité d'un pays dépendent de sa recherche propre. Avec l'épanouissement du commerce international, des investissements directs à l'étranger et de la diffusion internationale de la...
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This paper examines the impact of the R&D fiscal incentive program on R&D by Dutch firms. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. Econometric models are estimated using a rich unbalanced panel of firm data covering the period...
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