A global decline in research productivity? Evidence from China and Germany

In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that diminishing returns in idea production are a global phenomenon, not just confined to the U.S.

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Year of publication:	2020
Authors:	Böing, Philipp ; Hünermund, Paul
Publisher:	Mannheim : ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
Subject:	Productivity \| Growth \| Innovation \| R&D \| Technological Change

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Series:	ZEW Discussion Papers ; 20-030
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1703784650 [GVK] hdl:10419/222264 [Handle] RePEc:zbw:zewdip:20030 [RePEc]
Classification:	D24 - Production; Capital and Total Factor Productivity; Capacity ; E23 - Production ; O31 - Innovation and Invention: Processes and Incentives ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	EconStor

Persistent link: https://www.econbiz.de/10012290495