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LSDVC estimates, this study finds a significant labourfriendly impact of R&D expenditures. However, this positive employment …
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The aim of this paper is twofold. On the one hand, the economic insights on the employment impact of technological … labor-friendly impact of R&D expenditures (mainly related to product innovation) is found; yet, this positive employment …) capital formation is found to be negatively related to employment; this outcome suggests a possible labor-saving effect due to …
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Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...
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This paper analyses the long-memory properties of US and European stock indices, as well as their linkages, using fractional integration and fractional cointegration techniques. These methods are more general and have higher power than the standard ones usually employed in the literature. The...
Persistent link: https://www.econbiz.de/10011334455