The Effects of Technology Shocks on Output Fluctuations: An Impulse Response Analysis for the G7 Countries

Direct and country-specific measures of technical progress are used in order to analyse the effects of technology shocks on output fluctuations in the G7. Technology shocks are measured as the unpredicted component in the dynamics of innovation, on the basis of patent statistics provided by the US Patent Office.

MoreLess

Year of publication:	1997
Authors:	Fabiani, S.
Institutions:	Banca d'Italia
Subject:	TECHNOLOGICAL CHANGE \| ECONOMIC GROWTH

More details

Series:	Banca Italia - Servizio di Studi.
Type of publication:	Book / Working Paper
Notes:	59 pages
Classification:	O31 - Innovation and Invention: Processes and Incentives ; O32 - Management of Technological Innovation and R&D ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O5 - Economywide Country Studies ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005486719