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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| 1. Verfasser: | |
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| Weitere Verfasser: | , , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2021
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| Schriftenreihe: | OECD Science, Technology and Industry Working Papers
no.2021/10 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| 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 p.) |
| DOI: | 10.1787/de0378f3-en |
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| 520 | |a 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. | ||
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| spelling | Corrado, Carol VerfasserIn aut New evidence on intangibles, diffusion and productivity Carol, Corrado ... [et al] Paris OECD Publishing 2021 1 Online-Ressource (49 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Working Papers no.2021/10 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. Science and Technology Criscuolo, Chiara MitwirkendeR ctb Haskel, Jonathan MitwirkendeR ctb Himbert, Alexander MitwirkendeR ctb Jona-Lasinio, Cecilia MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/de0378f3-en Volltext |
| spellingShingle | Corrado, Carol New evidence on intangibles, diffusion and productivity Science and Technology |
| title | New evidence on intangibles, diffusion and productivity |
| title_auth | New evidence on intangibles, diffusion and productivity |
| title_exact_search | New evidence on intangibles, diffusion and productivity |
| title_full | New evidence on intangibles, diffusion and productivity Carol, Corrado ... [et al] |
| title_fullStr | New evidence on intangibles, diffusion and productivity Carol, Corrado ... [et al] |
| title_full_unstemmed | New evidence on intangibles, diffusion and productivity Carol, Corrado ... [et al] |
| title_short | New evidence on intangibles, diffusion and productivity |
| title_sort | new evidence on intangibles diffusion and productivity |
| topic | Science and Technology |
| topic_facet | Science and Technology |
| url | https://doi.org/10.1787/de0378f3-en |
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