Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73022
Authors: 
Battisti, Michele
Belloc, Filippo
Del Gatto, Massimo
Year of Publication: 
2012
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 98.2012
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).
Subjects: 
TFP
Intangible Assets
Heterogeneity
Firm Selection
Technology Adoption
Mixture Models
JEL: 
C29
D24
F12
O32
Document Type: 
Working Paper

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