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Knowledge Spillovers, ICT and Productivity Growth

Corrado, Carol - 2014

member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with … intangible capital, and (b) non-R&D intangible capital has a higher estimated output elasticity than its conventionally …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

Persistent link: https://www.econbiz.de/10013051449

An Innovation Index Based on Knowledge Capital Investment : Definition and Results for the UK Market Sector

Clayton, Tony - 2009

could get more GDP without innovation by simply duplicating existing physical capital and labour (e.g. adding a second … addition existing physical capital and labour. In our measure this is the contribution to GDP growth of market sector … investment in knowledge (or intangible) capital. This contribution is measured from company spending on knowledge …

Persistent link: https://www.econbiz.de/10012764658

Social Stability Challenged : Pandemics, Inequality and Policy Responses

Perugini, Cristiano - 2020

The public health measures implemented by governments to limit the spread of the COVID-19 pandemic will produce significant economic consequences that are likely to exacerbate social and economic inequalities. In this paper we provide a framework to analyse how income inequality, besides other...

Persistent link: https://www.econbiz.de/10012833873

The (Ir)Relevance of the Nru for Policy Making : The Case of Denmark

Sala, Hector - 2006

We reconsider the central role of the natural rate of unemployment (NRU) in forming policy decisions. We show that the unemployment rate does not gravitate towards the NRU due to frictional growth, a phenomenon that encapsulates the interplay between lagged adjustment processes and growth in...

Persistent link: https://www.econbiz.de/10012779114

Proxying Economic Activity with Daytime Satellite Imagery : Filling Data Gaps Across Time and Space

Lehnert, Patrick; Niederberger, Michael; … - 2022

This paper develops a novel procedure for proxying economic activity with day-time satellite imagery across time periods and spatial units, for which reliable data on economic activity are otherwise not available. In developing this unique proxy, we apply machine-learning techniques to a...

Persistent link: https://www.econbiz.de/10014076720

Measuring Small Business Dynamics and Employment with Private-Sector Real-Time Data

Kurmann, André; Lalé, Etienne; Ta, Lien - 2022

The COVID-19 pandemic has led to an explosion of research using private-sector datasets to measure business dynamics and employment in real-time. Yet questions remain about the representativeness of these datasets and how to distinguish business openings and closings from sample churn – i.e.,...

Persistent link: https://www.econbiz.de/10014077681

Human Capital Growth - with Region and Gender in Perspective

Liu, Gang; Fraumeni, Barbara; Managi, Shunsuke - 2022

Chapter 6 from the forthcoming Inclusive Wealth Report 2022 looks at human capital in greater detail, based on the … latest human capital estimates from the Inclusive Wealth Report (IWR) project. In the chapter, which is repeated here, the … growth of human capital and several of its constituent factors are broken down by gender and by region, and in some cases …

Persistent link: https://www.econbiz.de/10014083704

Competitiveness at the Country-Sector Level : New Measures Based on Global Value Chains

Marczak, Martyna - 2018

We propose the so-called domestic "embodied unit labor costs" (EULC) at the country-sector level as a new cost-related basis for measures of international competitiveness. EULC take into account that a sector's labor costs constitute only a small share of its total cost which to a large extent...

Persistent link: https://www.econbiz.de/10012919512

Then and Now : Reflections on Two Australian Mining Booms

Gregory, Robert G. - 2011

Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...

Persistent link: https://www.econbiz.de/10013120401

Use of Time and Value of Unpaid Family Care Work : A Comparison between Italy and Poland

Francavilla, Francesca - 2011

This study provides a comparison of the size and value of unpaid family care work in two European member States, Italy and Poland. Using the Italian and Polish time use surveys, both the opportunity cost and the market replacement approaches are employed to separately estimate the value of...

Persistent link: https://www.econbiz.de/10013123595