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Innovative sales, R&D and total innovation expenditures : panel evidence on their dynamics

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2009

This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …

Persistent link: https://www.econbiz.de/10010275873

Persistence of innovation in Dutch manufacturing : is it spurious?

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2006

This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using … firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and …

Persistent link: https://www.econbiz.de/10010276134

Microeconometric Evidence of Financing Frictions and Innovative Activity

Tiwari, Amaresh K.; Mohnen, Pierre; Palm, Franz; van … - 2014

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

Persistent link: https://www.econbiz.de/10010333391

An empirically-based taxonomy of Dutch manufacturing : innovation policy implications

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2004

industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …

Persistent link: https://www.econbiz.de/10010275860

The behavior of the maximum likelihood estimator of dynamic panel data sample selection models

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2007

This paper proposes a method to implement maximum likelihood estimation of the dynamic panel data type 2 and 3 tobit models. The likelihood function involves a two-dimensional indefinite integral evaluated using "two-step" Gauss-Hermite quadrature. A Monte Carlo study shows that the quadrature...

Persistent link: https://www.econbiz.de/10010276140

The Pandemic, Cash and Retail Payment Behaviour: Insights from the Future of Payments Database

Auer, Raphael; Cornelli, Giulio; Frost, Jon - 2023

The Covid-19 pandemic has been a shock to retail payment behaviour. How have the changes differed across countries? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail payment behaviour for up to 95 countries over September...

Persistent link: https://www.econbiz.de/10014290168

Crypto Trading and Bitcoin Prices: Evidence from a New Database of Retail Adoption

Auer, Raphael; Cornelli, Giulio; Doerr, Sebastian; … - 2023

Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail use of crypto exchange apps at daily frequency for 95...

Persistent link: https://www.econbiz.de/10014290176

Crypto Trading and Bitcoin Prices : Evidence from a New Database of Retail Adoption

Auer, Raphael; Cornelli, Giulio; Doerr, Sebastian; … - 2023

Persistent link: https://www.econbiz.de/10014254558

The Pandemic, Cash and Retail Payment Behaviour : Insights from the Future of Payments Database

Auer, Raphael; Cornelli, Giulio; Frost, Jon - 2023

The Covid-19 pandemic has been a shock to retail payment behaviour. How have the changes differed across countries? What do they imply for the future of cash and digital payments? We assemble a new “Future of Payments” database on retail payment behaviour for up to 95 countries over...

Persistent link: https://www.econbiz.de/10014261473