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We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10012459669
In this paper, we estimate the impact of increasing costs on foreign producers following a withdrawal of the United Kingdom from the European Union (popularly known as Brexit). Our predictions are based on simulations of a multicountry neoclassical growth model that includes multinational firms...
Persistent link: https://www.econbiz.de/10012455464
Technological progress is typically a result of trial-and-error research by competing firms. While some research paths lead to the innovation sought, others result in dead ends. Because firms benefit from their competitors working in the wrong direction, they do not reveal their dead-end...
Persistent link: https://www.econbiz.de/10012461055
We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...
Persistent link: https://www.econbiz.de/10012463028
While China has made great strides in transforming its centrally-planned economy to a market-oriented economy, there still exist widespread interregional trade barriers, such as policies and practices that protect local firms against competition from non-local firms. This study documents the...
Persistent link: https://www.econbiz.de/10012455004
effect of spillovers on research productivity of firms exceeds the structural effect because it includes an active learning …
Persistent link: https://www.econbiz.de/10012471292
countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods … imports and productivity in eight OECD countries between 1970-91. First evidence that these countries benefit more from …
Persistent link: https://www.econbiz.de/10012471810
This paper studies the links between productivity, innovation and research at th level. We introduce three new features … the available data: only a small proportion of firms engage in resea apply for patents; productivity, innovation and …
Persistent link: https://www.econbiz.de/10012472117
that their functional form of how foreign R&D affects domestic productivity via imports is probably incorrect. We provide …
Persistent link: https://www.econbiz.de/10012473174
productivity. We investigate these phenomena further by examining the relationship between plant-level productivity and firm …-level R&D. We find that (1) the productivity-enhancing effects of parent firm R&D are diminished by geographic distance from … the research lab and `technological' distance between the product-field focus of the R&D and the plants; (2) productivity …
Persistent link: https://www.econbiz.de/10012473312