Journal ArticleDOI
The impact of R&D spillovers on UK manufacturing TFP: A dynamic panel approach
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In this paper, the authors present new evidence on the long-term impact of R&D investment upon UK industry's productivity performance and on the nature of these "R&D spillovers".About:
This article is published in Research Policy.The article was published on 2007-09-01. It has received 64 citations till now. The article focuses on the topics: Investment (macroeconomics) & Total factor productivity.read more
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Knowledge Coherence, Variety and economic Growth: Manufacturing Evidence from Italian Regions
TL;DR: In this article, a view on knowledge as a result of a combinatorial search activity was investigated to investigate its effects on economic growth at the regional level, and empirical estimations corroborated the hypothesis that knowledge coherence and variety, besides the traditional measure of knowledge stock, matter in shaping regional economic performances.
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Foreign Direct Investment and Managerial Knowledge Spillovers through the Diffusion of Management Practices
TL;DR: In this paper, the authors analyse the nature and extent of managerial knowledge spillovers from FDI through the diffusion of management practices, identifying different types of spillovers and discusses their transmission mechanisms.
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R&D and productivity in OECD firms and industries: A hierarchical meta-regression analysis ☆
TL;DR: The relationship between RD and residual heterogeneity remains high among firm-level estimates even after controlling for moderating factors, and the informational content of both elasticity and rate-of-return estimates needs to be interpreted cautiously.
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Recombinant Knowledge and Growth: The Case of ICTs
TL;DR: In this paper, an analysis of patent applications to the European Patent Office, in the period 1981-2003, provides empirical evidence on the emergence of the new technological system based upon information and communication technologies (ICTs) and their wide scope of applications as the result of a process of knowledge recombination.
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The modern drivers of productivity
TL;DR: In this article, the role of technology spillovers in productivity growth of OECD countries looking at investments in Information and Communication Technology (ICT) and Research & Development (R&D).
References
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Journal ArticleDOI
Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
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Specification Tests in Econometrics
TL;DR: In this article, the null hypothesis of no misspecification was used to show that an asymptotically efficient estimator must have zero covariance with its difference from a consistent but asymptonically inefficient estimator, and specification tests for a number of model specifications in econometrics.
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Testing for unit roots in heterogeneous panels
TL;DR: In this article, a unit root test for dynamic heterogeneous panels based on the mean of individual unit root statistics is proposed, which converges in probability to a standard normal variate sequentially with T (the time series dimension) →∞, followed by N (the cross sectional dimension)→∞.
ReportDOI
Endogenous Technological Change
TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
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Technical change and the aggregate production function
TL;DR: In this article, the authors proposed a method to improve the performance of the system by using the information of the user's interaction with the system and the system itself, including the interaction between the two parties.