• Heterogeneity, productivity and selection: an empirical study of Norwegian manufacturing firms 

      Klette, Tor Jakob; Raknerud, Arvid (Discussion Papers;No. 401, Working paper, 2005)
      Abstract: How do firms differ, and why do they differ even within narrowly defined industries? Using evidence from a new panel data set for four high-tech, manufacturing industries covering a 10-year period, we show how ...
    • How and why do Firms differ? 

      Klette, Tor Jakob; Raknerud, Arvid (Discussion Papers;No. 320, Working paper, 2002)
      Abstract: How do firms differ, and why do they differ even within narrowly defined industries? Using evidence from six high-tech, manufacturing industries covering a 24-year period, we show that differences in sales, ...
    • How do banks' funding costs affect interest margins? 

      Raknerud, Arvid; Vatne, Bjørn Helge; Rakkestad, Ketil (Discussion Papers;No. 665, Working paper, 2011)
      Abstract: We use a dynamic factor model and a detailed panel data set with quarterly accounts data on all Norwegian banks to study the effects of banks' funding costs on their retail rates. Banks' funds are categorized ...
    • Identification, estimation and testing in Panel Data Models with attrition : the role of the Missing at Random Assumption 

      Raknerud, Arvid (Discussion Papers;No. 330, Working paper, 2002)
      Abstract: This paper discusses identification, estimation and testing in panel data models with attrition. We focus on a situation which often occurs in the analysis of firms: Attrition (exit) is endogenous and depends ...
    • Identifying the elasticity of substitution between capital and labour: a pooled GMM panel estimator 

      Brasch, Thomas von; Raknerud, Arvid; Vigtel, Trond Christian (Discussion Paper;No. 976, Working paper, 2022-03)
      Simultaneity represents a fundamental problem when estimating the elasticity of substitution between capital and labour. To overcome this problem, a wide variety of external instruments has been applied in the literature. ...
    • Indirect inference methods for stochastic volatility models based on non-Gaussian Ornstein-Uhlenbeck processes 

      Raknerud, Arvid; Skare, Øivind (Discussion Papers;601, Working paper, 2009)
      This paper aims to develop new methods for statistical inference in a class of stochastic volatility models for financial data based on non-Gaussian Ornstein-Uhlenbeck (OU) processes. Our approach uses indirect inference ...
    • Innovasjons- og verdiskapingseffekter av utvalgte næringspolitiske virkemidler 

      Cappelen, Ådne; Fjærli, Erik; Iancu, Diana-Cristina; Klemetsen, Marit Elisabeth; Moxnes, Andreas; Nilsen, Øivind Anti; Raknerud, Arvid; Rybalka, Marina (Rapporter;2016/12, Report, 2016-04-08)
      I denne rapporten studerer vi effektene av næringspolitiske virkemidler med offentlig finansiering der målsettingen er økt verdiskaping og innovasjon. Våre analyser omfatter Skattefunn (SKF), innovasjonsvirkemidlene til ...
    • The investment and financing decisions of closely held firms when there is a tax on the equity premium 

      Fjærli, Erik; Raknerud, Arvid (Discussion Papers;594, Working paper, 2009)
      This paper analyzes a tax system where personal share income in excess of the risk-free return on equity (the equity premium) is taxed. The rate of return allowance (RRA) in the Norwegian shareholder income tax system is, ...
    • Kapitalinnsats og produktivitet i norsk industri 1993-2002 : revurderinger i lys av mikrodata 

      Raknerud, Arvid; Rønningen, Dag (Journal article, 2004)
      En ny metode basert på kapitaldata fra SSBs regnskapsstatistikk viser at realkapital og kapitalinnsats i større grad er påvirket av konjunkturutviklingen enn hva tallene fra nasjonalregnskapet (NR) viser. Veksten i ...
    • Lumpy investments, factor adjustments and productivity 

      Nilsen, Øivind Anti; Raknerud, Arvid; Rybalka, Marina; Skjerpen, Terje (Discussion Papers;No. 441, Working paper, 2005)
      Abstract: This paper describes firms' output and factor demand before, during and after episodes of lumpy investments using a rich employer-employee panel data set for two manufacturing industries and one service industry. ...
    • Multivariate stochastic volatility models based on non-Gaussian Ornstein-Uhlenbeck processes : a quasi-likelihood approach 

      Raknerud, Arvid; Skare, Øivind (Discussion Papers;614, Working paper, 2010)
      This paper extends the ordinary quasi-likelihood estimator for stochastic volatility models based on non-Gaussian Ornstein-Uhlenbeck (OU) processes to vector processes. Despite the fact that multivariate modeling of asset ...
    • A new approach to estimating private returns to R&D 

      Cappelen, Ådne; Mohnen, Pierre; Raknerud, Arvid; Rybalka, Marina (Discussion Paper;No. 1005, Working paper, 2023-08)
      This paper revisits the estimation of private returns to R&D. In an extension of the standard approach, we allow for endogeneity of production decisions, heterogeneity of R&D elasticities, and asymmetric treatment of ...
    • Productivity growth, firm turnover and new varieties 

      Brasch, Thomas von; Iancu, Diana-Cristina; Raknerud, Arvid (Discussion Papers;No. 872, Working paper, 2018-03-08)
      We reconcile two different strands of the literature: the literature on how new goods impact prices and the literature on productivity growth and firm turnover. To our knowledge, this is the first paper to provide a ...
    • Public R&D support and firm performance: A multivariate dose-response analysis 

      Nilsen, Øivind Anti; Raknerud, Arvid; Iancu, Diana-Cristina (Peer reviewed; Journal article, 2020)
      We analyse all the major sources of direct and indirect research and development (R&D) support to the business enterprise sector in a single country, Norway, for the period 2002–2013, treating the financial support for R&D ...
    • Public R&D Support and Firms’ Performance A Panel Data Study 

      Nilsen, Øivind Anti; Raknerud, Arvid; Iancu, Diana-Cristina (Discussion Papers;No. 878, Working paper, 2018-06-19)
      We analyse all the major sources of direct and indirect R&D subsidies in Norway in the period 2002-2013 and compare their effects on individual firms’ performance. Firms that received support are matched with a control ...
    • Resultater av SkatteFUNN – patentering og innovasjoner 

      Cappelen, Ådne; Raknerud, Arvid; Rybalka, Marina (Rapporter;2007/36, Report, 2007)
      SkatteFUNN ble opprettet i 2002 som et tiltak for å øke norsk næringslivs forsknings- og utviklingsinnsats. Statistisk sentralbyrå har siden 2004 evaluert ordningen og sluttrapport fra evalueringen skal foreligge innen ...
    • Returns to public R&D grants and subsidies 

      Cappelen, Ådne; Raknerud, Arvid; Rybalka, Marina (Discussion papers;740, Working paper, 2013-05)
      We address the question of whether the returns to R&D differ between R&D projects funded by public grants and R&D in general. To answer this question, we use a flexible production function that distinguishes between different ...
    • SkatteFUNN-evalueringen - Årsrapport 2005 

      Cappelen, Ådne; Fjærli, Erik; Foyn, Frank; Hægeland, Torbjørn; Kjesbu, Knut Arild; Møen, Jarle; Raknerud, Arvid (Rapporter;2006/17, Research report, 2006-05-02)
      SkatteFUNN er en del av det norske skattesystemet og har som formål å stimulere næringslivets forsknings- og utviklingsarbeid. Ordningen ble innført i 2002. SSB skal på oppdrag for Norges forskningsråd evaluere ...
    • SkatteFUNN-evalueringen : årsrapport 2006 

      Cappelen, Ådne; Fjærli, Erik; Foyn, Frank; Hægeland, Torbjørn; Møen, Jarle; Raknerud, Arvid; Rybalka, Marina (Rapporter;2007/17, Research report, 2007)
      SkatteFUNN er en del av det norske skattesystemet og har som formål å stimulere næringslivets forsknings- og utviklingsarbeid. Ordningen ble innført i 2002. SSB skal på oppdrag for Norges forskningsråd evaluere ...
    • Skill composition: exploring a wage-based skill measure 

      Nilsen, Øivind Anti; Raknerud, Arvid; Rybalka, Marina; Skjerpen, Terje (Discussion Papers;No. 531, Working paper, 2008)
      Most studies of heterogeneous labor inputs use classifications of high skilled and low skilled based on workers' educational attainment. In this study we explore a wage-based skill measure using information from a wage ...