Growth of total productivity of the factors, innovation and spillovers from advanced business services
Bibliographic Data
| ID | 15068135 |
|---|---|
| Authors | Vicent Almenar-Llongo (0000-0002-8248-4875, Department of Economics and Business, Catholic University of Valencia, Valencia, Spain), Vicent Almenar Llongo (Universitat de València, corresponding author), Javier Muñoz-de-Prat (0000-0002-8662-1371, Universidad Europea de Valencia, Valencia, Spain), Mónica Maldonado-Devis (0000-0001-6985-7019, Department of Economic Analysis, EDEM Business School, Valencia, Spain) |
| Year | 2023 |
| Volume | 36 |
| Issue | 2 |
| Publication date | 2023-07-10 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2023.2172739 |
| OpenAlex | W4367675884 |
| Language | EN |
| Citations received | 1 |
| References cited | 71 |
Advanced business services (ABS) are seen as generators and disseminators of innovation among their client companies, and their use by client companies can improve efficiency and productivity. However, one question that has not been addressed is whether ABS provision can be an explanatory factor for the total productivity of the factors (TPF). This paper aims to determine whether the innovation generated and/or transmitted by ABS companies is reflected in the TPF growth in the manufacturing sector. For this purpose, a Cobb-Douglas function was estimated using panel data analysis on data of ten OECD countries in the period 1977-1996. ABS labour was considered the proxy variable for the provision of these types of services and treated as a separate factor in the production process. The quantitative study shows that the contribution of labour endowment in ABS to the efficiency and productivity of manufacturing industry is significant, that it generates spillovers and that it is an explanatory factor for the TPF
Business · Economic growth · Economics · Industrial organization · Productivity · Total factor productivity · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Regional Development and Policy
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Is public expenditure productive?
On the mechanics of economic development
Innovation management and co-creation in KIBs
Technical Change and the Aggregate Production Function
The determinants of regional specialisation in business services
Agglomeration of knowledge intensive business services and urban productivity
Territorial servitization in Marshallian industrial districts
Developing trust in face-to-face interaction of knowledge-intensive business services (Kibs)
New Kibs on the bloc
Causal relations between knowledge-intensive business services and regional employment growth
Universities and Knowledge-Intensive Business Services (Kibs) as Sources of Knowledge for Innovative Firms in Peripheral Regions
The Specialization in Knowledge-Intensive Business Services (Kibs) across Europe
The impact of Kibs’ location on their innovation behaviour
Increasing Returns and Long-Run Growth
A Contribution to the Empirics of Economic Growth
Services in Developing Economies
The Strength of Weak Ties
| Citations per year | 0.5 |
|---|---|
| Citation span | 2024 - 2024 (1) |
| Highly cited | No |