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The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of the information and communications technology sector to...
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Cet article analyse l'influence de variables telles que le taux de progrès technique ou le taux de préférence intertemporel sur la durée de vie du capital. L'analyse est réalisée au moyen d'un modèle de croissance avec technologie du type putty-clay, et où le progrès technique résulte...
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&D investment over total investment is countercyclical without credit constraints, but it becomes more procyclical as firms face …; (iii) in more credit constrained firms, R&D investment share plummets during recessions but does not increase … proportionally during upturns; (iv) average R&D investment and productivity growth are more negatively correlated with sales …
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