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Depreciation estimation, R&D capital stock, and North American manufacturing productivity growth
(2005)
This paper estimates R&D depreciation rates for the U.S. and Canadian manufacturing sectors. We find that R&D capital depreciates at a rate of 25 percent in the U.S., and in Canada the rate is 24 percent. Thus R&D capital ...
Technical efficiency and U.S. Manufacturing productivity growth
(2004)
This paper establishes that new inputs increase technical efficiency levels for U.S. manufacturing. Over the period 1950-1998, intermediate inputs exhibited higher rates of efficiency growth than labor and capital. ...
R&D depreciation, stocks, user costs and productivity growth for US R&D intensive industries
(2006)
This paper estimates R&D depreciation rates for U.S. R&D intensive industries. R&D annually depreciates at
Irreversible investment, capital costs and productivity growth : implications for telecommunications
(2007)
This paper develops a model incorporating costly disinvestment and estimates the associated commitment premium required to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity ...
Public infrastructure, input efficiency and productivity growth in the Canadian food processing industry
(2008)
Canadian food processing is an important manufacturing industry, accounting for 13 percent of shipments. By its nature food processing depends on infrastructure capital. Our objective is to estimate infrastructure's effects ...
Depreciation estimation, R&D capital stock, and North American manufacturing productivity growth
(National Bureau of Economic Research, Inc., 2010)