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We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010698829
When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with … be faster long-run growth through innovation in the US and that, in the short run, this is magnified by the trapped …
Persistent link: https://www.econbiz.de/10010610737
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010643262
long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional "trapped factor" effect. Starting …
Persistent link: https://www.econbiz.de/10010747939
long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional “trapped factor” effect. Starting …
Persistent link: https://www.econbiz.de/10011126023
, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices …
Persistent link: https://www.econbiz.de/10010741465
There are strong links between the performance of US manufacturing plants and the quality of their systems of monitoring, targets and incentives, according to research by Professor Nicholas Bloom and colleagues. Their analysis of data on more than 30,000 establishments, gathered in the first...
Persistent link: https://www.econbiz.de/10010765686
, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices …
Persistent link: https://www.econbiz.de/10011125935
stimulate longer-run innovation. Finally, in terms of the Great Recession, the large jump in uncertainty in 2008 potentially …
Persistent link: https://www.econbiz.de/10010721674