Showing 1 - 10 of 48
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...
Persistent link: https://www.econbiz.de/10014322858
Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...
Persistent link: https://www.econbiz.de/10013388871
Persistent link: https://www.econbiz.de/10001618163
Anhand von Daten über den Ausbau des Telekom Austria Breitbandnetzes sowie über die Beschäftigungsentwicklung auf Gemeindeebene wird mithilfe von ökonometrischen Methoden versucht, einen Zusammenhang zwischen Breitbandausbau und regionalem Wirtschaftswachstum zu finden. Obwohl in der...
Persistent link: https://www.econbiz.de/10009535870
Virtually all theories of economic growth predict a positive relationship between population size and productivity. In this paper I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. In the aftermath of the Second World War about...
Persistent link: https://www.econbiz.de/10012660007
We examine impacts of market integration on the development of American manufacturing, as railroads expanded through the latter half of the 19th century. Using new county-by-industry data from the Census of Manufactures, we estimate substantial impacts on manufacturing productivity from relative...
Persistent link: https://www.econbiz.de/10012480538
How much of the spatial distribution of economic activity today is determined by history rather than by geographic fundamentals? And if history matters for the distribution, does it also affect overall efficiency? This paper develops a tractable theoretical and empirical framework that aims to...
Persistent link: https://www.econbiz.de/10012482278
This paper examines the relationship between the structure of banking markets and economic growth using a new dataset on manufacturing industry-level growth rates and banking market concentration for U.S. states during 1899-1929--a period when the manufacturing sector was expanding rapidly and...
Persistent link: https://www.econbiz.de/10012462942