Nettet1. aug. 2024 · Intangible capital and measured productivity. ☆. Because firms invest heavily in R&D, software, brands, and other intangible assets—at a rate close to that … Nettetexamines the profitability effects of intangible capital, and in Sect. 6, we relate productivity growth to the foreign activities of firms. Section 7 concludes the paper. 2 The model and econometric approach 2.1 Productivity model We analyze the productivity contribution of intangible capital by explaining the log of TFP in firm i in year t by
Intangible Capital and Measured Productivity - National Bureau of ...
Nettet2. Literature review. From the microeconomic approach, measuring intangible assets is, by its very nature, difficult (Riley & Robinson, Citation 2011) and further complicated by the lack of an accurate definition (Webster & Jensen, Citation 2006; Marrocu et al., Citation 2012).As Riley and Robinson (Citation 2011) point out, ‘intangible assets are those … NettetIt is now widely recognized that intangible capital has been a crucial element in the growth performance of these economies and their firms. In the author's view, "intangible capital" serves as the most appropriate umbrella term for capturing several dimensions of capital that are not tangible in nature but are nevertheless fundamentally important for … low rbcs medical term
Can Intangible Investment Explain the UK Productivity Puzzle?
Nettet12. nov. 2024 · Economies in which intangible investment is increasing are also posting growth in total-factor productivity. Notably, the only companies that were able to maintain 2024 rates of growth after the pandemic hit in early 2024 were those that had invested significantly in the full range of intangibles: innovation, data and analytics, and human … Nettet19. mar. 2024 · To address this issue, I incorporate intangible investments into a multi-sector general equilibrium model and parameterize income and cost shares using data from an updated U.S. input and output table, with intangible investments reassigned from intermediate to final uses. Nettet9. des. 2010 · Based on a literature review of recent studies, it shows that economic growth is increasingly attributable to the accumulation of intangible capital and that consequently, an increasing share of conventionally measured rise in labour productivity has, in fact, been ploughed back into the economy as intangible capital formation. low rbc terminology