nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2019‒08‒19
two papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. Modelling the Green Knowledge Production Function with Latent Group Structures for OECD countries By Saptorshee Kanto Chakraborty; Massimiliano Mazzanti
  2. The Optimal Provision of Information and Communication Technologies in Smart Cities By Batabyal, Amitrajeet; Beladi, Hamid

  1. By: Saptorshee Kanto Chakraborty (University of Ferrara, Italy); Massimiliano Mazzanti (University of Ferrara; SEEDS, Italy)
    Abstract: We explore the green knowledge production function and human capital spillovers in the OECD region using a latent group structure. The number of groups and the group membership are both unknown, we determine these unknowns using a penalized regression technique in the presence of cross-sectional dependence in error terms and nonstationarity. We find substantial heterogenous groups classified under three distinctive groups and their efficient estimates. We try to model the green knowledge production function with Latent-Group Structures using PPC- base method with one unobserved global non-stationary factor, we find heterogeneous behaviour in green technologies using a Cup-Lasso estimate. Human capital and expenditure in Research and Development plays an important part in our findings
    Keywords: Green Innovation, Human Capital Spillover, Gross Research and Development, OECD, C-Lasso
    Date: 2019–08
  2. By: Batabyal, Amitrajeet; Beladi, Hamid
    Abstract: We exploit the public good attributes of information and communication technologies (ICTs) and theoretically analyze an aggregate economy of two smart cities in which ICTs are provided in either a decentralized or a centralized manner. We first determine the efficient ICT levels that maximize the aggregate surplus from the provision of ICTs in the two cities. Second, we compute the optimal level of ICT provision in the two cities in a decentralized regime in which spending on the ICTs is financed by a uniform tax on the city residents. Third, we ascertain the optimal level of ICT provision in the two cities in a centralized regime subject to equal provision of ICTs and cost sharing. Fourth, we show that if the two cities have the same preference for ICTs then centralization is preferable to decentralization as long as there is a spillover from the provision of ICTs. Finally, we show that if the two cities have dissimilar preferences for ICTs then centralization is preferable to decentralization as long as the spillover exceeds a certain threshold.
    Keywords: Information and Communication Technologies, Smart City, Spillover, Uncertainty
    JEL: H76 R50 R53
    Date: 2019–05–15

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