technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …

This Paper first documents the comparative productivity performance of the United States and Britain since 1870 … management, as a key factor. A model of the interaction between technology, organization and economic performance is then … must be analysed if the major changes in comparative productivity performance among nations are to be understood fully; (2 …

We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older … technology, called vertically integrated production, and this reallocation of output was responsible for a third of the increase …

This Paper develops a general test of factor price equalization that is robust to unobserved regional productivity … differences, unobserved region-industry factor quality differences and variation in production technology across industries. We … findings, including multiple cones of diversification, region-industry technology differences, agglomeration, and increasing …

relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …

Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A … communication technology, have a wider span of organization, and are further removed from a decision unit with lending authority … organizational structure and technology of rival banks in the vicinity influence local banking competition. …

following a technology improvement. The issue is the common high-low-high pattern of hours per capita and productivity growth … hours worked rise or fall when technology improves. Recent literature finds that when hours per person enter the VAR in … plausible) trend breaks in productivity, the treatment of hours is relatively unimportant: Hours fall sharply on impact …

observed price patterns. The high volatility results from high uncertainty about the average productivity of a new technology …. Investors learn about this productivity before deciding whether to adopt the technology on a large scale. For technologies that … railroad technology by the late 1850s. …