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I use the aggregate behavior of three indicators of technology (employment of research scientists and engineers, patented inventions, and total factor productivity) to identify a plausible model of endogenous technological change. In the US (as well as in other developed countries) research...
Persistent link: https://www.econbiz.de/10013240534
manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R …
Persistent link: https://www.econbiz.de/10013233008
We estimate and compare the production structures of the US, Japanese, and Korean total manufacturing sectors for the 1974-1990 period. We employ a translog variable cost function that includes such inputs as labor, materials, physical and R&D capital with the physical and R&D capital treated as...
Persistent link: https://www.econbiz.de/10013219187
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation …, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three …
Persistent link: https://www.econbiz.de/10012911090
: (i) A structural model that explains pro by innovation output, and innovation output by research investment; (ii) New dat … firm innovation outpu patent numbers or innovative sales, rises with its research effort and with the indicators, either …This paper studies the links between productivity, innovation and research at th level. We introduce three new features …
Persistent link: https://www.econbiz.de/10013232722
&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity … and what are the magnitudes of the returns to a firm's or industry's R&D investment? (3) What are the magnitudes of the … output and precise measurement of the inputs to the inventive process. Patent counts are often considered as a measure of …
Persistent link: https://www.econbiz.de/10013249157
institutional variables, such as legal origin and patent protection, in order to allow for parameter heterogeneity based on a …
Persistent link: https://www.econbiz.de/10012759295
Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of...
Persistent link: https://www.econbiz.de/10013034911
This paper extends previous research on the effect of investment on labor productivity at the country level by … accounting for investment in R&D, as well as for investment in fixed and human capital. Privately-funded R&D investment is found … social (national) rate of return to private R&D investment is about seven times as large as the return to investment in …
Persistent link: https://www.econbiz.de/10013321592
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital formation in both countries. A substantial amount of...
Persistent link: https://www.econbiz.de/10013218546