This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining 56 … a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …

This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest … intangibles, the paper finds that these have become the dominant source of labour productivity growth in the EU, explaining up to … detects a solid positive relationship between intangibles and labour productivity growth. Third, when accounting for the …

We study the importance of intangible capital (R&D, software, patents) for the measurement of productivity using firm … of input choice and unobserved productivity shocks. We find a positive output elasticity for research and development (R … output production function reduces productivity dispersion (measured by the 90-10 decile range) on average by 3%, in some …