Arbeitspapier
Institutions and Innovations as Sources of Productivity Growth Cross-Country Evidence
The investigation of the determinants of economic growth plays an important role forour understanding of the sources of cross-country income differences. This paper analyzesthe effects of institutions and innovations on country productivity growth. The empiricalevidence shows that institutions and innovations matter, in particular for human capitalefficiency. Without controlling for endogeneity the effect of innovations turns significantonly when aggregate institutions indexes or human capital efficiency are included.When controlling for endogeneity innovations become insignificant, but more institutionalvariables become relevant. Under robustness checks innovations indeed have a directeffect on country productivity growth moderated by a countrys human capital efficiency.Allowing for three alternative institutional variables does not change the effects of theinstitutional variables of interest.
- Sprache
-
Englisch
- Erschienen in
-
Series: ifo Working Paper ; No. 87
- Klassifikation
-
Wirtschaft
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Institutions and Growth
Economywide Country Studies: General
- Thema
-
Productivity growth
institutions
information and communication technology
research and development
panel regressions
Produktivität
Wirtschaftswachstum
Innovation
Institutionalismus
Vergleich
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Strobel, Thomas
- Ereignis
-
Veröffentlichung
- (wer)
-
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
- (wo)
-
Munich
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Strobel, Thomas
- ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Entstanden
- 2010
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