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The Effects of Technology Shocks on Output Fluctuations: An Impulse Response Analysis for the G7 Countries

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Author Info
Fabiani, S.
Abstract

Direct and country-specific measures of technical progress are used in order to analyse the effects of technology shocks on output fluctuations in the G7. Technology shocks are measured as the unpredicted component in the dynamics of innovation, on the basis of patent statistics provided by the US Patent Office.

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Publisher Info
Paper provided by Banca Italia - Servizio di Studi in its series Papers with number 309.

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Length: 59 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:banita:309

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Postal: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy.
Web page: http://www.bancaditalia.it/
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Related research
Keywords: TECHNOLOGICAL CHANGE ; ECONOMIC GROWTH;

Find related papers by JEL classification:
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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This page was last updated on 2009-10-24.

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