New evidence on intangibles, diffusion and productivity:

This paper presents new evidence on the impact of intangible capital on productivity dispersion within industries. It first shows that rise in productivity dispersion after 2000 is more pronounced in intangible-intensive industries; then analyses the link between intangible capital intensity and pro...

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Bibliographische Detailangaben
1. Verfasser: Corrado, Carol (VerfasserIn)
Weitere Verfasser: Criscuolo, Chiara (MitwirkendeR), Haskel, Jonathan (MitwirkendeR), Himbert, Alexander (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2021
Schriftenreihe:OECD Science, Technology and Industry Working Papers
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Zusammenfassung:This paper presents new evidence on the impact of intangible capital on productivity dispersion within industries. It first shows that rise in productivity dispersion after 2000 is more pronounced in intangible-intensive industries; then analyses the link between intangible capital intensity and productivity dispersion both at the top and at the bottom of the productivity distribution, and in different industries. The findings suggest that industries that have experienced a stronger increase in intangible investment have also seen a steeper rise in productivity dispersion both at the top and at the bottom of the productivity distribution. While the results at the top seem to be associated with the scalability of intangible capital - which is likely to disproportionally benefit high-productivity firms and incumbents - dispersion at the bottom appears to be linked to complementarities between intangible investment and factors like digital intensity, trade openness and venture capital
Beschreibung:1 Online-Ressource (49 Seiten)
DOI:10.1787/de0378f3-en