dc.contributor.author | Klette, Tor Jakob | |
dc.date.accessioned | 2020-05-06T13:17:06Z | |
dc.date.available | 2020-05-06T13:17:06Z | |
dc.date.issued | 1991-02 | |
dc.identifier.issn | 0803-074X | |
dc.identifier.uri | https://hdl.handle.net/11250/2653527 | |
dc.description.abstract | The first part of this paper develops a semi-parametric growth accounting framework, which permits a simultaneous study of productivity changes, scale economies and market power, extending the approach developed by Hall (1988). The framework is consistent with the presence of quasi fixed-capital and requires only minimum restrictions on the technology. Applying this framework, the second part of the piper explores the impact of R&D investments and various ownership characteristics on changes in productivity at the establishment level, using a comprehensive set of Norwegian establishment data for the period 1976-85. On average I find no evidence for significant scale economies. There seems to be significant market power in only one out of five industries. R&D-investments are shown to have a positive impact on productivity, and yield a relatively high private rate of return. Corporate restructuring and public ownership do not seem to affect productivity. | en_US |
dc.description.sponsorship | This research has been financed by a grant from NORAS/LOS. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Statistisk sentralbyrå | en_US |
dc.relation.ispartofseries | Discussion Paper;No. 60 | |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
dc.title | On the importance of R&D and ownership for productivity growth: Evidence from Norwegian Micro-Data 1976-85 | en_US |
dc.type | Working paper | en_US |
dc.rights.holder | Not to be quoted without permission from author(s). Comments welcome. | en_US |
dc.source.pagenumber | 33 | en_US |