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Technological Diffusion, Conditional Convergence, and Economic Growth

Bloom, David; canning, david; Sevilla, Jaypee - National Bureau of Economic Research (NBER) - 2002

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences...

Persistent link: https://www.econbiz.de/10005829709

Measuring the Returns to R&D

Hall, Bronwyn H; MAIRESSE, Jacques; Mohnen, Pierre - National Bureau of Economic Research (NBER) - 2009

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...

Persistent link: https://www.econbiz.de/10008624599

Empirical Studies of Innovation in the Knowledge Driven Economy

Hall, Bronwyn H; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2006

innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …

Persistent link: https://www.econbiz.de/10005050393

Implications of Population Aging for Economic Growth

Bloom, David; canning, david; Fink, Günther - National Bureau of Economic Research (NBER) - 2011

The share of the population aged 60 and over is projected to increase in nearly every country in the world during 2005-2050. Population ageing will tend to lower both labor-force participation and savings rates, thereby raising concerns about a future slowing of economic growth. Our calculations...

Persistent link: https://www.econbiz.de/10008805410

Demographic Transitions and Economic Miracles in Emerging Asia

Bloom, David; Williamson, Jeffrey Gale - National Bureau of Economic Research (NBER) - 1997

The demographic transition a change from high to low rates of mortality and fertility has been more dramatic in East Asia during this century than in any other region or historical period. By introducing demographic variables into an empirical model of economic growth, this essay shows that this...

Persistent link: https://www.econbiz.de/10005778032

Does the AIDS Epidemic Really Threaten Economic Growth?

Bloom, David; Mahal, Ajay S. - National Bureau of Economic Research (NBER) - 1995

This study examines the claim that the AIDS epidemic will slow the pace of economic growth. We do this by examining the association, across fifty-one developing and industrial countries for which we were able to assemble data, between changes in the prevalence of AIDS and the rate of growth of...

Persistent link: https://www.econbiz.de/10005575774

The Wealth of Nations: Fundamental Forces Versus Poverty Traps

Bloom, David; canning, david; Sevilla, Jaypee - National Bureau of Economic Research (NBER) - 2002

We test the view the large differences in income levels we see across the world are due to differences in underlying characteristics, i.e. fundamental forces, against the alternative that there are poverty traps. Taking geographical variables as fundamental characteristics, we find that we can...

Persistent link: https://www.econbiz.de/10005580329

Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

MAIRESSE, Jacques; Mohnen, Pierre; Raymond, Wladimir; … - National Bureau of Economic Research (NBER) - 2013

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Persistent link: https://www.econbiz.de/10010696630

The R&D Tax Credit in France: Assessment and Ex-Ante Evaluation of the 2008 Reform

MULKAY, Benoît; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2013

This article presents an econometric analysis of the direct effects of the R&D tax credit (RTC) on private R&D in France and proposes an ex ante evaluation of the major reform implemented in 2008. We first estimate an error correction model of a dynamic R&D demand function on a large panel data...

Persistent link: https://www.econbiz.de/10010969339

An Exploration of Local R&D Spillovers in France

MAIRESSE, Jacques; MULKAY, Benoît - National Bureau of Economic Research (NBER) - 2008

This paper is an attempt to assess the existence and magnitude of local research spillovers in France. We rely on the model of an extended production function (Cobb-Douglas and Translog) with both local and neighborhood R&D capital stocks. We estimate this model on 312 employment areas as of...

Persistent link: https://www.econbiz.de/10005580341