manner the level of productivity unexplained in the financial statements. In this study, we measure the effect of intangible … assets on productivity using data from Spanish firms selected randomly by size and sector over a ten-year period, from 1995 … to 2004. Through a sample of more than 10,000 Spanish firms we analyse to what extent labour productivity can be …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

productivity growth based on growth accounting and econometric estimation of production functions. The growth accounting … contribution of intangibles to labor productivity growth is generally highest in manufacturing and finance. The estimated output …

Using a cross-country firm level panel dataset from 1995 to 2015, this paper revisits the finance–productivity nexus by … result, financial frictions are expected to be more binding for productivity growth in sectors where intangibles have become … level. We provide evidence that financial frictions act as a drag on productivity growth and especially so with respect to …