Original title: The Cross-Country and Cross-Sectoral Study of TFP and its Determinants
Translated title: The Cross-Country and Cross-Sectoral Study of TFP and its Determinants
Authors: Bogren, Michael ; Semerák, Vilém (advisor) ; Baxa, Jaromír (referee)
Document type: Master’s theses
Year: 2017
Language: eng
Abstract: This paper examines the impact of R&D and share of merchandise exports on total factor productivity in the 15 OECD countries through 1996-2009. The paper also discusses the inclusion of the human capital variable in influencing the TFP. The domestic R&D stocks are based on domestic industry-specific R&D. The share of merchandising exports is sector- invariant. We use the random effects to control for unobserved heterogeneity. In this case, the unobserved heterogeneity reflects the differences in trade and R&D policies. The main findings we have obtained are: i) the R&D stocks have a positive impact on TFP based on the random effects model, ii) the exports have a positive and significant impact on TFP, especially in the manufacturing sector.

Institution: Charles University Faculties (theses) (web)
Document availability information: Available in the Charles University Digital Repository.
Original record: http://hdl.handle.net/20.500.11956/91312

Permalink: http://www.nusl.cz/ntk/nusl-367834


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Universities and colleges > Public universities > Charles University > Charles University Faculties (theses)
Academic theses (ETDs) > Master’s theses