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health and social spending, lifestyle variables, and medical innovation. Our first set of regressions include a set of … health spending has a significant and mild effect on health outcomes, even after controlling for medical innovation. However …, its short-run adjustments do not seem to have an impact on health care productivity. Spatial spill overs in life …
Persistent link: https://www.econbiz.de/10013068471
Does the introduction of corporate transparency and disclosure rules in emerging economies affect compliance, and therefore earnings quality and firm performance? We explore these questions for an important emerging economy, Russia, using a natural experiment, the 2002 introduction of Russian...
Persistent link: https://www.econbiz.de/10013406446
spending. We estimate that technological change, taking the form of increased productivity at an annual rate of 1.8%, explains …
Persistent link: https://www.econbiz.de/10013153179
This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …
Persistent link: https://www.econbiz.de/10013016346
productivity varies across working environments. Using detailed Belgian linked employer-employee panel data for 1999-2010, they … find the existence of a significant, positive (negative) impact of over- (under-)education on firm productivity. Moreover …, their results show that the effect of over-education on productivity is stronger among firms: (i) with a higher share of …
Persistent link: https://www.econbiz.de/10013026437
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10013119734
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10013147134
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10013153299
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor … productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic … variances has been used for the estimation of the translog production functions. Two alternative formulations of technical …
Persistent link: https://www.econbiz.de/10012780059
The past century witnessed a dramatic improvement in public health, the rise of modern medicine, and the transformation of the hospital from a fringe institution to one essential to the practice of medicine. Despite the central role of medicine in contemporary society, little is known about how...
Persistent link: https://www.econbiz.de/10014241970