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Evolutionary economists have tended to assess firms and industries separately, neglecting the role of their interaction … in the process of economic growth and development. We trace the separation of firms and industries to Marshall, whose … industries. Penrose avoids the industry concept by focussing on heterogeneous firms, while Young and Steindl develop mundane …
Persistent link: https://www.econbiz.de/10009434930
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010333318
Persistent link: https://www.econbiz.de/10003384988
Persistent link: https://www.econbiz.de/10011301227
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...
Persistent link: https://www.econbiz.de/10010528328
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...
Persistent link: https://www.econbiz.de/10010528574
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
Between 1990 and 2008, emissions of the most common air pollutants from U.S. manufacturing fell by 60 percent, even as real U.S. manufacturing output grew substantially. This paper develops a quantitative model to explain how changes in trade, environmental regulation, productivity, and consumer...
Persistent link: https://www.econbiz.de/10010470886
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Persistent link: https://www.econbiz.de/10002860783