Unbundling Technology Adoption and TFP at the Firm Level. Do Intangibles Matter?

Michele Battisti, Filippo Belloc () and Massimo Del Gatto

Working Paper series from Rimini Centre for Economic Analysis

Abstract: We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate production function parameters allowing, within each sector, for the existence of multiple technologies. We find that intangible assets both push the firm towards better technologies (technology adoption effects) and allow for a more efficient exploitation of a given technology (tfp effects).

Keywords: TFP; intangible assets; firm heterogeneity; firm selection; technology adoption; mixture models (search for similar items in EconPapers)
JEL-codes: C29 D24 F12 O32 (search for similar items in EconPapers)
Date: 2012-11
New Economics Papers: this item is included in nep-bec, nep-eff and nep-ict
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Unbundling Technology Adoption and tfp at the Firm Level: Do Intangibles Matter? (2015)
Working Paper: Unbundling Technology Adoption and tfp at the Firm Level. Do Intangibles Matter? (2012)
Working Paper: Unbundling technology adoption and tfp at the firm level. Do intangibles matter? (2012)
Working Paper: Unbundling Technology Adoption and tfp at the Firm Level. Do Intangibles Matter? (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:rim:rimwps:71_12

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