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concentration. We document that the Herfindhahl index of local employment concentration, measured at the county-by-NAICS six … employment concentration trends is attributable to the structural transformation of U.S. economic activity: both sales and … employment concentration rose within industry-by-county cells; but reallocation of sales and employment from relatively …
Persistent link: https://www.econbiz.de/10014250148
The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent per year in the business sector. Yet the pandemic appears to have created a resurgence in productivity growth with a 4.1 percent rate achieved in the four quarters of 2020. This...
Persistent link: https://www.econbiz.de/10013334484
Previous research finds that the greater geographic mobility of foreign than native-born workers following economic shocks helps to facilitate local labor market adjustment to shifting regional economic conditions. We examine the role that immigration may have played in enabling U.S. commuting...
Persistent link: https://www.econbiz.de/10013537796
Despite the rapid pace of innovation in information and communications technologies (ICT) and electronics, aggregate US productivity growth has been disappointing since the 1970s. We propose and empirically explore the hypothesis that slow growth stems in part from an unbalanced sectoral...
Persistent link: https://www.econbiz.de/10014322814
While the utopian vision of the current Information Age was that computerization would flatten economic hierarchies by democratizing information, the opposite has occurred. Information, it turns out, is merely an input into a more consequential economic function, decision-making, which is the...
Persistent link: https://www.econbiz.de/10014486232
: import tariffs on foreign goods neither raised nor lowered US employment in newly-protected sectors; retaliatory tariffs had … clear negative employment impacts, primarily in agriculture; and these harms were only partly mitigated by compensatory US …
Persistent link: https://www.econbiz.de/10014468281
' exposure to labor-augmenting and labor-automating innovations. We find, first, that the majority of current employment is in …
Persistent link: https://www.econbiz.de/10013362043
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