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An open access repository of Middlesex University research http://eprints.mdx.ac.uk Pieri, Fabio, Vecchi, Michela and Venturini, Francesco (2017) Modelling the joint impact of R&D and ICT on productivity: a frontier analysis approach. Working Paper. Universita' degli Studi di Trento. Published version (with publisher's formatting)This version is available at: http://eprints.mdx.ac.uk/23043/ Copyright:Middlesex University Research Repository makes the University's research available electronically.Copyright and moral rights to this work are retained by the author and/or other copyright owners unless otherwise stated. The work is supplied on the understanding that any use for commercial gain is strictly forbidden. A copy may be downloaded for personal, non-commercial, research or study without prior permission and without charge.Works, including theses and research projects, may not be reproduced in any format or medium, or extensive quotations taken from them, or their content changed in any way, without first obtaining permission in writing from the copyright holder(s). They may not be sold or exploited commercially in any format or medium without the prior written permission of the copyright holder(s).Full bibliographic details must be given when referring to, or quoting from full items including the author's name, the title of the work, publication details where relevant (place, publisher, date), pagination, and for theses or dissertations the awarding institution, the degree type awarded, and the date of the award.If you believe that any material held in the repository infringes copyright law, please contact the Repository Team at Middlesex University via the following email address:eprints@mdx.ac.ukThe item will be removed from the repository while any claim is being investigated. Guidelines for authorsPapers may be written in Italian or in English. Faculty members of the Department must submit to one of the editors in pdf format. Management papers should be submitted to R. Gabriele. Economics Papers should be submitted to L. Andreozzi. External members should indicate an internal faculty member that acts as a referee of the paper.Typesetting rules: 1. papers must contain a first page with title, authors with emails and affiliations, abstract, keywords and codes. Page numbering starts from the first page; 2. a template is available upon request from the managing editors. AbstractThis study explores the channels through which technological investments affect productivity performance of industrialized economies. Using a Stochastic Frontier Model (SFM) we estimate the productivity effects of R&D and ICT for a large sample of OECD industries between 1973 and 2007, identifying four channels of transmission: input accumulation, technological change, technical efficiency and spillovers. Our results show that ICT has been particularly effective in reducing production inefficiency and in generating inter-industry spillovers, while R&D has raised the rate of technical change and favoured knowledge spillovers within...

This paper contributes to fill the gap between the literature on the determinants of firm survival and the empirical works on the industry life cycle (ILC). Using a representative sample of Spanish firms with ten or more employees over the period 1993-2009, the role played by firm age and productivity in firm survival is empirically analyzed across three stages of the life cycle of forty-seven 3-digit manufacturing sectors. In the "early" stage of the ILC, firm age is negatively correlated with hazard rates while firm productivity is not. Firm productivity is associated with lower hazard in the "mature" stage of the ILC, when competition is primarily efficiency-driven, while firm age does not play a significant role for firm survival. In the "intermediate" stage both age and productivity play a role in reducing firms' hazard rates.

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We study the role of upstream product market regulation (PMR) in innovation efficiency. By estimating a knowledge production function on OECD industries through a stochastic frontier analysis, we find that service regulation reduces R&D efficiency in the manufacturing sector. These results are robust to controlling for the institutional setting of the technology, the labour and the financial market, and to various forms of heterogeneity. The marginal impact of PMR is higher in less regulated economies indicating that large improvements in R&D efficiency cannot be obtained at the earlier stages of deregulation. Potential efficiency gains for late reformers are however sizeable

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