Showing 1 - 10 of 229,972
innovation output as measured by patent applications. We first estimate a long-run cointegration relation using recently … developed tests and panel estimation techniques. We find that the stock of knowledge of a country, it’s R&D resources and the … analyse the impulse response of new ideas to a shock to R&D or to a shock to innovation by estimating an error correction …
Persistent link: https://www.econbiz.de/10005666419
patent applications across OECD countries. In several recently developed models, known as ‘idea-based’ models of growth, the … knowledge on technological innovation of a country in the short and in the long run. We find that a country’s stock of knowledge … very significant impact on innovation. As a consequence, a positive shock to R&D in the US (the largest world innovator …
Persistent link: https://www.econbiz.de/10008620455
innovation output as measured by patent applications. We first estimate a long-run cointegration relation using recently … developed tests and panel estimation techniques. We find that the stock of knowledge of a country, its R&D resources and the … analyze the impulse response of new ideas to a shock to R&D or to a shock to innovation by estimating an error correction …
Persistent link: https://www.econbiz.de/10008620459
patent applications across OECD countries. In several recently developed models, known as 'idea-based' models of growth, the … knowledge on technological innovation of a country in the short and in the long run. We find that a country's stock of knowledge … very significant impact on innovation. As a consequence, a positive shock to R&D in the US (the largest world innovator …
Persistent link: https://www.econbiz.de/10010266369
This paper studies the drivers of business funded and performed R&D in a panel of 14 OECD countries since 1981. More … innovation, but only in fairly closed economies and in economies with flexible labour markets. In highly open economies and …
Persistent link: https://www.econbiz.de/10011584153
benefits to boost research, knowledge and technological innovation. This paper examines the relation between innovation, higher … relationship between series was examined by using panel cointegration test developed by Pedroni (1999, 2004) and Kao (1999). As a … evidence of a positive effect of innovation in tertiary education on economic growth. …
Persistent link: https://www.econbiz.de/10012157079
approaches. On the one hand, by using a panel error correction model with a sample of 130 countries between 1980 and 2020, we …
Persistent link: https://www.econbiz.de/10014461312
Empirical studies on aggregate export behaviour have recently emphasised the role played by innovation as the main … force driving product differentiation and competitiveness for developed countries. These studies treat foreign innovation as … a variable that affects negatively national export shares. We incorporate the impact of foreign innovation in a standard …
Persistent link: https://www.econbiz.de/10010290660
The paper proposes a panel cointegration analysis of the joint development of government expenditures and economic …
Persistent link: https://www.econbiz.de/10010298396
Despite similar levels of per capita income, education and technology, the development of labour income shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. We first use a standard overlapping generations model to derive...
Persistent link: https://www.econbiz.de/10011514550