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For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non-­neutral technology proposed by McGrattan & Prescott (2010)...
Persistent link: https://www.econbiz.de/10012961605
I estimate establishment level total factor productivity (TFP) convergence using panel data from India's manufacturing … sector from 2001-2015. I examine the presence of foreign owned establishments within each industry's productivity frontier …, and allow for the speed of productivity convergence to differ based on the ownership composition of the frontier. While I …
Persistent link: https://www.econbiz.de/10012906370
effect of R&D offshoring on industrial productivity in the home country using industry-level data for 18 OECD countries over … a 26-year period. Simultaneity between productivity and R&D offshoring is addressed by using foreign tax policy as an … instrument for offshored R&D. We show that R&D offshoring contributes positively to productivity in the home country …
Persistent link: https://www.econbiz.de/10012935846
We explore the relation between a country's patents and its economic and productivity growth. Consistent with patents …
Persistent link: https://www.econbiz.de/10012938170
Productivity across European regions is related to three types of networks that mediate R&D-related knowledge … co-patenting relations appear to affect local productivity directly, regions that link up to innovative leader regions … via imports gain in productivity only when they have relatively high levels of human capital and absorptive capacity. From …
Persistent link: https://www.econbiz.de/10012941293
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of Italian regions between 1963 and 1993 and find strong evidence that both mechanisms were at...
Persistent link: https://www.econbiz.de/10012759168
literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …
Persistent link: https://www.econbiz.de/10012871740
show that these factors also have a positive impact on total factor productivity (TFP), which, in turn, improves real GDP …
Persistent link: https://www.econbiz.de/10013013689
mobility can explain differences in their per-capita income and labor productivity. We disentangle the role played by global … human-mobility network enhances both per-capita income and labor productivity. Our results hold cross-sectionally, as well … network. Our exercises also suggest that most of the gain in income and productivity can be attained if country centrality in …
Persistent link: https://www.econbiz.de/10013056374
both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew …
Persistent link: https://www.econbiz.de/10013023960