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To what extent are the productivity spillovers of information technology related to R&D activity? Do these factors …-run productivity growth. We control for either the domestic specialization in digital productions or import penetration of high …-tech goods. In any case, the national endowment of IT assets emerges as a robust source of spillovers. It is also shown that the …
Persistent link: https://www.econbiz.de/10004990576
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …
Persistent link: https://www.econbiz.de/10011573960
The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards … contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of … the information and communications technology sector to productivity growth in Canada and the United States; the Irish …
Persistent link: https://www.econbiz.de/10005650233
The slower productivity growth in Canada relative to that experienced in the United States in the second half of the … development. A key issue is whether this slower productivity growth is broadly-based, which would imply a societal … productivity growth in Canada and the United States in the 1990s. They find that the productivity growth gap in the 1990s at both …
Persistent link: https://www.econbiz.de/10005518950
Persistent link: https://www.econbiz.de/10011333066
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 …
Persistent link: https://www.econbiz.de/10010374120
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …
Persistent link: https://www.econbiz.de/10011584954
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …
Persistent link: https://www.econbiz.de/10012964191
This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main … conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital … into the asset boundary of the national accounts. Thus, the productivity puzzle is largely explained as a consequence of …
Persistent link: https://www.econbiz.de/10012485717
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005