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In this paper, we examine the sources of the productivity growth in the U.S. computer industry from 1978 to 1999. We … and product innovations. Based on the estimation results, we decompose total factor productivity (TFP) growth rate into …
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evidenec that among all industries in the economy industry productivity growth is positively related to R&D intensity and …
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We model research as a signal on an unknown parameter of a technology.
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In attempts to overcome the problem of omitted variables, the assumption of fixed effects is widely implemented when working with panel data. This paper examines the validity of this technique, in the context of estimating a production function using panels of US textile plants. The hypothesis...
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