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R&D Heterogeneity and Its Implications for Growth

Galaasen, Sigurd Mølster; Irarrazabal, Alfonso - 2016

This paper quantifies the determinants of heterogeneity in R&D investment and its implications for growth. Using a panel of Norwegian manufacturing firms we document a negative correlation between R&D intensity and firm size, driven mainly by small firms with high R&D intensity. We estimate a...

Persistent link: https://www.econbiz.de/10012143893

Quality Heterogeneity andGlobal Economic Growth

Dinopoulos, Elias; Unel, Bulent - Louisiana State University <Baton Rouge, La.> / E. J. … - 2009

This paper develops a fully-endogenous, variety-expansion growth model with firm-specific quality heterogeneity, limit pricing, and an endogenous distribution of markups.Trade induces only firms with high-quality products to export, whereas firms with low-quality products serve only the domestic...

Persistent link: https://www.econbiz.de/10009302529

Patents to products: Product innovation and firm dynamics

Argente, David; Baslandze, Salomé; Hanley, Douglas; … - 2020

We study the relationship between patents and actual product innovation in the market, and how this relationship varies with firms' market share. We use textual analysis to create a new data set that links patents to products of firms in the consumer goods sector. We find that patent filings are...

Persistent link: https://www.econbiz.de/10012389581

Barriers to creative destruction: Large firms and nonproductive strategies

Baslandze, Salomé - 2021

This working paper reviews recent empirical evidence on large firms and nonproductive strategies that hinder creative destruction and reallocation. The focus is on three types of nonproductive strategies: political connections, nonproductive patenting, and anticompetitive acquisitions. Across...

Persistent link: https://www.econbiz.de/10012819000

Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis

Mazzucato, Mariana; Wray, Larry Randall - 2015

This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...

Persistent link: https://www.econbiz.de/10011545297

Examining US productivity: Knowledge flows from industry and country sources

Koch, William - 2008

This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is a measure of technology that isolates sources of innovation and their contributions to domestic TFP. Within-industry innovation enhances domestic productivity, and domestic...

Persistent link: https://www.econbiz.de/10010285349

Foundational processes and growth

Tham, Wing Wah; Baslandze, Salomé; Sojli, Elvira; Liu, Leo - 2025

This paper studies the interaction between process and product innovations and their distinct role in firm growth dynamics. We differentiate empirically and theoretically two types of process innovations: foundational processes that advance production technology and cost-reducing processes that...

Persistent link: https://www.econbiz.de/10015394125

Can government policies increase national long-run growth rates?

Landon-Lane, John S.; Robertson, Peter E. - 2001

We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these are the same across countries. We find that we cannot reject this hypothesis for the first and last three decades of the 20th century. We conclude that: (i) there are few, if...

Persistent link: https://www.econbiz.de/10010318375

Remoteness and unbalanced growth: Understanding divergence across Indian districts

Das, Samarjit; Ghate, Chetan; Robertson, Peter E. - 2013

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …

Persistent link: https://www.econbiz.de/10011807674

Barriers to accumulation and productivity differences in a two sector growth model

Landon-Lane, John S.; Robertson, Peter E. - 2005

Barriers to investment are often regarded as an important determinant of the variation in international income levels. Nevertheless, in the standard neoclassical growth model, these barriers have only have small effects on per capita incomes. We consider the effects of barriers to accumulation...

Persistent link: https://www.econbiz.de/10010274517