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Non-clearing goods markets are an important driver of capacity utilisation and total factor productivity (TFP). The … trade-off between goods prices and household search effort is central to goods market matching and therefore drives TFP over … different capacity utilisation channels using Bayesian estimation and capacity utilisation survey data. Models that include …
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This study investigates the nonlinear relationship between R&D expenditures, innovation, productivity, high-tech export … effect within the links between R&D expenditures, innovation, and productivity. The effect of R&D expenditures, innovation …, productivity, and medium and high technology product exports is mixed. However, both positive and negative effects are found …
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