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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010670799
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010317010
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Innovative Sales, R&D and Total Innovation Expenditures:Panel Evidence on their Dynamics
Raymond, Wladimir; Mohnen, Pierre; Palm, Franz; Schim … - United Nations University, Maastricht Economic and … - 2009
This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …
Persistent link: https://www.econbiz.de/10008629990
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Innovative Sales, R&D and Total Innovation Expenditures:Panel Evidence on their Dynamics
Raymond, Wladimir; Mohnen, Pierre; Palm, Franz; Schim … - United Nations University-Maastricht Economic Research … - 2009
This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …
Persistent link: https://www.econbiz.de/10010712181
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How important is innovation? A Bayesian factor-augmented productivity model on panel data
Bresson, Georges; Etienne, Jean-Michel; Mohnen, Pierre - HAL - 2011
This paper proposes a Bayesian approach to estimate a factor augmented productivity equation. We exploit the panel dimension of our data and distinguish individual-specic and time-specic factors. On the basis of 14 technology and infrastructure indicators from 37 countries over a 10-year...
Persistent link: https://www.econbiz.de/10010899343
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How effective are level-based R&D tax credits? Evidence from the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University, Maastricht Economic and … - 2010
This paper examines the impact of the R&D fiscal incentive program on R&D by Dutch firms. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. Econometric models are estimated using a rich unbalanced panel of firm data covering the period...
Persistent link: https://www.econbiz.de/10008642572
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How effective are level-based R&D tax credits? Evidence from the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2010
This paper examines the impact of the R&D fiscal incentive program on R&D by Dutch firms. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. Econometric models are estimated using a rich unbalanced panel of firm data covering the period...
Persistent link: https://www.econbiz.de/10010712317
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Measuring the Effectiveness of R&D Tax Credits in the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2007
This paper examines the impact of the Dutch R&D fiscal incentive program, known as WBSO, on R&D capital formation. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. An econometric model is estimated using a rich unbalanced panel covering...
Persistent link: https://www.econbiz.de/10010712320
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Measuring the Effectiveness of R&D Tax Credits in the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University, Maastricht Economic and … - 2007
This paper examines the impact of the Dutch R&D fiscal incentive program, known as WBSO, on R&D capital formation. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. An econometric model is estimated using a rich unbalanced panel covering...
Persistent link: https://www.econbiz.de/10005150873
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Measuring the Effectiveness of R&D tax credits in the Netherlands
Lokshin, Boris; Mohnen, Pierre - Centre Interuniversitaire de Recherche en Analyse des … - 2007
This paper examines the impact of the Dutch R&D fiscal incentive program, known as WBSO, on R&D capital formation. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. An econometric model is estimated using a rich unbalanced panel covering...
Persistent link: https://www.econbiz.de/10005100708