Browsing Τμήμα Οικονομικών / Department of Economics by Subject "scale effect"
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Article
R&D, innovation, and technological progress: A test of the Schumpeterian framework without scale effects
(2003)I use U.S. manufacturing industry data to estimate a system of three equations implied by a model of R&D-induced growth in steady state. These equations relate R&D intensity to patenting, patenting to technological progress, ...
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Article
Scale effects in markets with search
(2006)Estimates of aggregate matching functions may miss important scale effects in frictional labour markets because of the reactions of job seekers to scale. We estimate a semi-structural model of search and matching on a ...