Showing 1 - 10 of 1,453
descendent of the NCSA HTTPd server, otherwise known as Apache. This study asks whether this experience could produce measurement … issues in standard productivity analysis, specifically, omission and attribution issues, and, if so, whether the magnitude is …
Persistent link: https://www.econbiz.de/10013062615
I speculate that technological spillover effects may have become more important over time as IT penetrated the U.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more effective. Using US input-output tables for years 1958,...
Persistent link: https://www.econbiz.de/10013068477
interindustry transaction. Decomposition of total factor productivity (TFP) suggests that IT externalities can explain considerable …
Persistent link: https://www.econbiz.de/10013230171
This paper uses wavelets to decompose each stock's trading-volume variance into frequency-specific components. We find that stocks dominated by short-run fluctuations in trading volume have abnormal returns that are 1% per month higher than otherwise similar stocks where short-run fluctuations...
Persistent link: https://www.econbiz.de/10012950057
We study the impact of FDI on the productivity of host-country firms. FDI has positive spillovers only when foreign and … increase productivity spillovers from FDI. We show that inventor mobility across sectors is a key channel of technology … transfer. To deal with endogeneity concerns we control for sectoral productivity growth, construct a Bartik-style instrument …
Persistent link: https://www.econbiz.de/10012950067
In this paper we quantify the extent and magnitude of agglomeration spillovers from a formal institution whose sole mission is the creation and dissemination of knowledge -- the research university. We use the fact that universities follow a fixed endowment spending policy based on the market...
Persistent link: https://www.econbiz.de/10013039348
Productivity spillovers are often cited as a reason for geographic specialization in production. A large literature in … show that a simple Roy model of patient treatment choice with productivity spillovers can generate these facts. Our model …
Persistent link: https://www.econbiz.de/10013219223
-producing country such as the U.S. is associated with a 0.15% lower level of productivity. Second, technological knowledge has become … more global over the sample period. As a determinant of productivity, foreign R&D has significantly gained in importance …
Persistent link: https://www.econbiz.de/10013220079
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/10013221859
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10013222892