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Do Technology Shocks Lead to Productivity Slowdowns? Evidence from Patent Data

Do Technology Shocks Lead to Productivity Slowdowns? Evidence from Patent Data »

Source: Do Technology Shocks Lead to Productivity Slowdowns? Evidence from Patent Data

Volume/Issue: 2008/24

Series: IMF Working Papers

Author(s): Lone Engbo Christiansen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

ISBN: 9781451868869

Keywords: patents, technology, r &;amp; d, patent applications, cointegration, error variance,

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The benchmark measure of technological progress is given by data on patent applications in the U.S. ove...

The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output

The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output »

Source: The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output

Volume/Issue: 2008/218

Series: IMF Working Papers

Author(s): Frederick Joutz , and Yasser Abdih

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2008

ISBN: 9781451870763

Keywords: Public capital, knowledge, cointegration, equation, statistic, statistics, patent applications,

This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock o...

Relating the Knowledge Production Function to Total Factor Productivity

Relating the Knowledge Production Function to Total Factor Productivity »

Source: Relating the Knowledge Production Function to Total Factor Productivity : An Endogenous Growth Puzzle

Volume/Issue: 2005/74

Series: IMF Working Papers

Author(s): Frederick Joutz , and Yasser Abdih

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2005

ISBN: 9781451860931

Keywords: Endogenous growth, knowledge spillovers, patents, cointegration, r &;amp; d, patent applications, equation, Economic Growth and Aggregate Productivity, Econometric Modeling,

The knowledge production function is central to R&D-based growth models. This paper empirically investigates the knowledge production function and intertemporal spillover effects using cointegration techniques. Tim...

R&D, Innovation, and Economic Growth

R&D, Innovation, and Economic Growth »

Source: R&D, Innovation, and Economic Growth : An Empirical Analysis

Volume/Issue: 2004/185

Series: IMF Working Papers

Author(s): Hulya Ulku

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451859447

Keywords: Innovation, R&;amp;#x0026;D, patents, panel data, generalized method of moment (GMM), r &;amp; d, r &;amp; d stock, patent applications, r &;amp; d expenditure, Innovation and Invention: Processes and Incentives

This paper investigates the main postulations of the R&D based growth models that innovation is created in the R&D sectors and it enables sustainable economic growth, provided that there are constant...

Intellectual Property Rights and International R&D Competition

Intellectual Property Rights and International R&D Competition »

Source: Intellectual Property Rights and International R&D Competition

Volume/Issue: 2001/81

Series: IMF Working Papers

Author(s): Stefania Scandizzo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2001

ISBN: 9781451850369

Keywords: Intellectual property rights, innovation, imitation, time inconsistency, intellectual property, patent, patent protection, trading partner, Models of Trade with Imperfect Competition and Scale Economies, Innovation and Invention: Processes and Incentives

This paper examines a country's incentives for intellectual property rights (IPR) protection in a global trading environment. There is a time inconsistency problem intrinsic to IPR protection: ex ante strong protec...

International Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries

International Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries »

Source: International Technology Sourcing and Knowledge Spillovers: Evidence from OECD Countries

Volume/Issue: 2018/52

Series: IMF Working Papers

Author(s): Sophia Chen , and Estelle Dauchy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 March 2018

ISBN: 9781484345429

Keywords: Knowledge spillovers, Patent, R&;D, Network, Firm productivity, R&;amp;#x026;D, General, Business Taxes and Subsidies

How much do firms benefit from foreign R&D and through what channel? We construct a global network of corporate innovation using more than 1.5 million patents granted to firms in OECD countries. We test the 'intern...

Do Technology Shocks Lead to Productivity Slowdowns? Evidence from Patent Data

Do Technology Shocks Lead to Productivity Slowdowns? Evidence from Patent Data »

Volume/Issue: 2008/24

Series: IMF Working Papers

Author(s): Lone Engbo Christiansen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

DOI: http://dx.doi.org/10.5089/9781451868869.001

ISBN: 9781451868869

Keywords: patents, technology, r &;amp; d, patent applications, cointegration, error variance,

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The benchmark measure of technological progress is given by data on patent applications in the U.S. ove...

Leadership Contestability, Monopolistic Rents and Growth

Leadership Contestability, Monopolistic Rents and Growth »

Source: Leadership Contestability, Monopolistic Rents and Growth

Volume/Issue: 2011/63

Series: IMF Working Papers

Author(s): Roberto Piazza

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

ISBN: 9781455228072

Keywords: Innovation, monopoly, endogenous growth, patents, skilled labor, unskilled labor, r &;amp; d activities, intellectual property rights, Industrial Organization: General, Innovation and Invention: Processes and Incentives

I construct an endogenous growth model where R&D is carried out at the industry level in a game of innovation between leaders and followers. Innovation costs for followers are assumed to increase with the technolog...

Counterfeit Goods and Income Inequality

Counterfeit Goods and Income Inequality »

Source: Counterfeit Goods and Income Inequality

Volume/Issue: 2001/13

Series: IMF Working Papers

Author(s): Stefania Scandizzo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451843002

Keywords: counterfeit goods, vertical product differentiation, inequality, product differentiation, market structure, consumer surplus, patent protection, Market Structure and Pricing: Oligopoly and Other Forms of Market Imperfection, Firm Strategy, And Market Performance,

This paper examines the effect of counterfeit goods in a world where consumers are differentiated by level of income and innovation is quality enhancing. Counterfeit goods are defined as products with the same char...

China's Rising IQ (Innovation Quotient) and Growth

China's Rising IQ (Innovation Quotient) and Growth »

Source: China's Rising IQ (Innovation Quotient) and Growth : Firm-level Evidence

Volume/Issue: 2016/249

Series: IMF Working Papers

Author(s): Hui He , Nan Li , and Jing Fang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475563139

Keywords: Business enterprises, Productivity, China, Asia and Pacific, Technological innovation, Public corporations, Innovation, Growth, Patent, R&;D

This paper examines whether the rapid growing firm patenting activity in China is associated with real economic outcome by building a unique dataset uniting detailed firm balance sheet information with firm patent...