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This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …
Persistent link: https://www.econbiz.de/10003854932
This paper analyzes the contribution of network externalities to the pickup in U.S. productivity in the early 2000s …. The Internet and wireless communication are treated as the central mechanisms of ICT-driven productivity growth. The … approach contrasts with the dominant view in the macro-productivity literature, which places microprocessor speed and …
Persistent link: https://www.econbiz.de/10013065774
accumulation, a surge in hours worked, and faster growth of total factor productivity. The acceleration of productivity growth …
Persistent link: https://www.econbiz.de/10012444166
This paper examines the link between information technology (IT) and the U.S. productivity revival in the late 1990s …. Industry-level data show a broad productivity resurgence that reflects both the production and the use of IT. The most IT …-intensive industries experienced significantly larger productivity gains than other industries and a wide variety of econometric tests show …
Persistent link: https://www.econbiz.de/10014056552
This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …
Persistent link: https://www.econbiz.de/10010285349
value is not reflected in measured growth and productivity. To capture the contribution of the "free" Internet, we model the … transaction at production cost. When we incorporate this implicit transaction into U.S. gross domestic product (GDP), productivity …
Persistent link: https://www.econbiz.de/10011891856
We study the relationship between patents and actual product innovation in the market, and how this relationship varies with firms' market share. We use textual analysis to create a new data set that links patents to products of firms in the consumer goods sector. We find that patent filings are...
Persistent link: https://www.econbiz.de/10012203391
Stronger productivity growth in the US than the EU over the late 1990s is widely attributed to faster, more widespread …
Persistent link: https://www.econbiz.de/10010275732
the US productivity revival and in the evolving US-EU productivity gap. In Israel, the ICT sector grew very rapidly during … productivity growth remained sluggish, with traditional sectors both in manufacturing and services seemingly unable to benefit from …
Persistent link: https://www.econbiz.de/10003741423
We examine the dynamics of ideas production and knowledge-productivity relationship in a panel of 19 OECD countries. A …&D but little support for endogenous growth. Countries with low domestic ideas bases could considerably improve productivity …
Persistent link: https://www.econbiz.de/10003785303