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Productivity, or the amount of output produced by a given number of inputs,can be measured in a number of ways;1 the focus of Governmentpolicy, and much of the theoretical and empirical literature, is on labourproductivity, which provides the theme of the discussion in this review.A central...
Persistent link: https://www.econbiz.de/10005870182
The growth process for a technological leader is different from that of a follower.While followers can grow through imitation and capital deepening, a leader must undertakeoriginal research. This suggests that as the gap between the leader and the follower narrows, thefollower must undertake...
Persistent link: https://www.econbiz.de/10005870259
This paper examines the impact of mass media and information andcommunications technologies (ICT) as knowledge-based infrastructures oneconomic development. The results strongly suggest that both mass me-dia and ICT penetration are negatively associated with corruption. Thisresult holds across...
Persistent link: https://www.econbiz.de/10005870172
It is shown that spillovers can enhance private returns to innovation if they feedback into the dynamic research of the … isreabsorbed by its inventor. A simple model of sequential innovation with dynamicspillovers is developed, which predicts that …
Persistent link: https://www.econbiz.de/10005870178