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evolution of innovation across time and space and its effect on productivity. We document a substantial rise of international … estimate the causal effect of innovation induced by international spillovers on sectoral output per worker and total factor … productivity (TFP) growth in a panel of country-sectors from 2000 to 2014, as well as on aggregate income per capita since 1960. To …
Persistent link: https://www.econbiz.de/10013289325
evolution of innovation across time and space and its effect on productivity. We document a substantial rise of international … estimate the causal effect of innovation induced by international spillovers on sectoral output per worker and total factor … productivity (TFP) growth in a panel of country-sectors from 2000 to 2014, as well as on aggregate income per capita since 1960. To …
Persistent link: https://www.econbiz.de/10013193741
of AI technologies remains a niche innovation phenomenon with a negligible role in the officially recorded productivity …In this paper we analyse the effects of technological innovation in the artificial intelligence (AI) domain on … productivity. We embed the recently released data on patents and publications related to AI into an augmented panel model of …
Persistent link: https://www.econbiz.de/10013175558
. Second, export-market participation was associated with increases in a plant's productivity growth. Third, our analysis … identified the presence of three main mechanisms through which export-market participation raises productivity growth among …
Persistent link: https://www.econbiz.de/10012718085
models suggest that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a …-level exposure to the 2008-9 financial crisis, I show that tight credit reduced investments in productivity-enhancement, and has … 12% higher today if productivity-enhancing investments had grown at pre-crisis rates. …
Persistent link: https://www.econbiz.de/10011573282
/methodology/approach For this purpose, a model is specified and estimated in which the total factor productivity of Spanish regions is … explained by business dynamics, innovation, human capital and the level of entrepreneurship in each region. Findings The results …. In addition, the stock of human capital and the promotion of innovation act as catalysts for the productive efficiency of …
Persistent link: https://www.econbiz.de/10012108049
In this paper, we empirically examine how export pioneers emerge and how they are related to product creators/innovators, utilizing a rich plant-product level dataset from the Korean manufacturing sector for the period of 1990-1998. Our analysis covers the process from the appearance of product...
Persistent link: https://www.econbiz.de/10012493148
In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in … broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting …, total factor productivity). Within the growth-accounting methodology, in Sect. 3, we discuss the U.S. - E.U. productivity …
Persistent link: https://www.econbiz.de/10011979491
profoundly influenced by the challenges of slowing productivity growth, increasing economic inequalities and systemic …
Persistent link: https://www.econbiz.de/10014128624
The purpose of this paper is to examine how the Solow residual relates to innovation at the firm level. We estimate two … kinds of relationships. The first relationship explains innovation output from innovation inputs. The second relationship … relates TFP growth to innovation output. We obtain two main results. First, the determinants of incremental and radical …
Persistent link: https://www.econbiz.de/10014141351