We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate production function parameters allowing, within each sector, for the existence of multiple technologies. We find that intangible assets both push the firm towards better technologies (technology adoption effects) and allow for a more efficient exploitation of a given technology (tfp effects).
Battisti, M., Belloc, F., & Del Gatto, M. (2012). Unbundling technology adoption and tfp at the firm level. Do intangibles matter?. CONTRIBUTI DI RICERCA CRENOS, 33, 1-46.
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Titolo: | Unbundling technology adoption and tfp at the firm level. Do intangibles matter? |
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Citazione: | Battisti, M., Belloc, F., & Del Gatto, M. (2012). Unbundling technology adoption and tfp at the firm level. Do intangibles matter?. CONTRIBUTI DI RICERCA CRENOS, 33, 1-46. |
Anno: | 2012 |
Appare nelle tipologie: | 1.1 Articolo in rivista |
File in questo prodotto:
File | Descrizione | Tipologia | Licenza | |
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WP12-33.pdf | PDF editoriale | PUBBLICO - Pubblico con Copyright | Open Access Visualizza/Apri |
http://hdl.handle.net/11365/1064518