Pieri, Fabio, Vecchi, Michela
ORCID: https://orcid.org/0000-0002-0129-6769 and Venturini, Francesco
(2017)
Modelling the joint impact of R&D and ICT on productivity: a frontier analysis approach.
Working Paper.
Universita' degli Studi di Trento.
.
[Monograph]
![[img]](https://eprints.mdx.ac.uk/23043/1.hassmallThumbnailVersion/DEM2017_13%20%28VoR%29.pdf)  Preview |
|
PDF (Working paper University of Trento)
- Published version (with publisher's formatting)
Download (6MB)
| Preview
|
Abstract
This study explores the channels through which technological investments affect productivity performance of industrialized economies. Using a Stochastic Frontier Model (SFM) we estimate the productivity effects of R&D and ICT for a large sample of OECD industries between 1973 and 2007, identifying four channels of transmission: input accumulation, technological change, technical efficiency and spillovers. Our results show that ICT has been particularly effective in reducing production inefficiency and in generating inter-industry spillovers, while R&D has raised the rate of technical change and favoured knowledge spillovers within sectors. We also quantify the contribution of technological investments to output and TFP growth documenting that R&D and ICT accounted for almost 95% of TFP growth in the OECD area.
Item Type: |
Monograph
(Working Paper)
|
Additional Information: |
DEM Working Papers: N. 2017/13 |
Research Areas: |
A. > Business School > Economics |
Item ID: |
23043 |
Notes on copyright: |
Full text reproduced with permission of Department of Economics and Management, University of Trento |
Useful Links: |
|
Depositing User: |
Michela Vecchi
|
Date Deposited: |
28 Nov 2017 12:54 |
Last Modified: |
04 Feb 2021 06:54 |
URI: |
https://eprints.mdx.ac.uk/id/eprint/23043 |
Actions (login required)
 |
View Item |