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This paper investigates the impact of knowledge capital stocks on total factor productivity through the lens of the …-region knowledge spillovers on total factor productivity (TFP) in Europe. The dependent variable is the region-level TFP, measured in … contributing to productivity differences among regions, and add an important spatial dimension to the discussion, by showing that …
Persistent link: https://www.econbiz.de/10012707680
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We construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...
Persistent link: https://www.econbiz.de/10013321090
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Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...
Persistent link: https://www.econbiz.de/10011752254
This paper uses wavelets to decompose each stock's trading-volume variance into frequency-specific components. We find that stocks dominated by short-run fluctuations in trading volume have abnormal returns that are 1% per month higher than otherwise similar stocks where short-run fluctuations...
Persistent link: https://www.econbiz.de/10012455032
This paper uses wavelets to decompose each stock's trading-volume variance into frequency-specific components. We find that stocks dominated by short-run fluctuations in trading volume have abnormal returns that are 1% per month higher than otherwise similar stocks where short-run fluctuations...
Persistent link: https://www.econbiz.de/10012950057
This study investigates the relationship between technological diversification and the productivity of firms' R …&D productivity is U-shaped. Our findings imply that firms should consider their pools of knowledge spillovers and technological …
Persistent link: https://www.econbiz.de/10012862831
When an actor experiences a sudden gain in status — for example, when a scientist wins a Nobel Prize, or a film director wins an Oscar — what does this jump in status do to the fates of the winner’s many ‘neighbors’? Do non-winners bask in the reflected glory of the winner, and...
Persistent link: https://www.econbiz.de/10014135432
a significant share of agricultural productivity growth. Hence, spillovers of agricultural R&D results across … geopolitical boundaries have implications for measures of research impacts on productivity, and the implied rates of return to … national agricultural productivity, interstate or international R&D spillovers might account for half or more of the total …
Persistent link: https://www.econbiz.de/10014112996