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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 A.; … - 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/10009764446

Innovative sales, R&D and total innovation expenditures : panel evidence on their dynamics

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 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/10010275873

How important is innovation? : a Bayesian factor‐augmented productivity model on panel data

Bresson, Georges; Etienne, Jean‐Michel; Mohnen, Pierre A. - 2014

Persistent link: https://www.econbiz.de/10010415320

The behavior of the maximum likelihood estimator of dynamic panel data sample selection models

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2007

This paper proposes a method to implement maximum likelihood estimation of the dynamic panel data type 2 and 3 tobit models. The likelihood function involves a two-dimensional indefinite integral evaluated using "two-step" Gauss-Hermite quadrature. A Monte Carlo study shows that the quadrature...

Persistent link: https://www.econbiz.de/10010276140