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Subsidisation vs Information Provision as Instruments of Technology Policy
David, Paul; Stoneman, Paul - C.E.P.R. Discussion Papers - 1985
One of the aims of government policy has been to speed up the diffusion of new technologies. This aim has been pursued largely by policies aimed at improving information about the technology or by subsidising the purchase of new technology. In this paper we construct a simple diffusion model...
Persistent link: https://www.econbiz.de/10005281318
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Innovating Firms and Aggregate Innovation
Klette, Tor Jakob; Kortum, Samuel S - C.E.P.R. Discussion Papers - 2002
patenting. Furthermore, it explains why R&D as a fraction of revenues is strongly related to firm productivity yet largely …
Persistent link: https://www.econbiz.de/10005788918
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Measurement Issues, the Productivity Slowdown and the Explosion of Computer Power
Baily, Martin; Gordon, Robert J - C.E.P.R. Discussion Papers - 1989
job creation in the US, is its slower productivity growth. This paper begins with data showing that US productivity growth … has been essentially zero since 1973 outside of manufacturing. In contrast, productivity growth in US manufacturing has …
Persistent link: https://www.econbiz.de/10005281397
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Robots at Work
Graetz, Georg; Michaels, Guy - C.E.P.R. Discussion Papers - 2015
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
Persistent link: https://www.econbiz.de/10011196027
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The Thatcher Miracle?
Layard, Richard Grenville; Nickell, Stephen - C.E.P.R. Discussion Papers - 1989
Since 1979 productivity growth in Britain has improved markedly compared with Europe. The turnaround in productivity …
Persistent link: https://www.econbiz.de/10005666884
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British Economic Growth Before and After 1979: A Review of the Evidence
Crafts, Nicholas - C.E.P.R. Discussion Papers - 1988
leading to poor productivity performance are the most plausible explanation of Britain's relative decline. It is argued both …
Persistent link: https://www.econbiz.de/10005791602
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Ten Years of Mrs. T.
Bean, Charles R; Symons, James - C.E.P.R. Discussion Papers - 1989
, explains the initial rise in unemployment. The reduction in union power also helps to explain the acceleration in productivity … low wages and productivity. A fall in union power results in a reduction in these inefficiencies and leads not only to a … rise in productivity but also in wages. …
Persistent link: https://www.econbiz.de/10005504742
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Net Energy Expenditure and Energy Demand in the UK
Pearce, David; Westoby, Richard - C.E.P.R. Discussion Papers - 1985
productivity. It does not appear to have any special advantage over other measures for forecasting applications. …
Persistent link: https://www.econbiz.de/10005281317
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Price Controls and Consumer Surplus
Bulow, Jeremy I.; Klemperer, Paul - C.E.P.R. Discussion Papers - 2009
best understood - and can be related to monopoly-theory results - using the fact that consumer surplus equals the area …
Persistent link: https://www.econbiz.de/10004976788
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A Primer on the MFA Maze
de Melo, Jaime; Faini, Riccardo - C.E.P.R. Discussion Papers - 1992
The paper identifies the potential sources of allocative inefficiency generated by the Multi-Fiber Agreements (MFA) and examines the evidence for such inefficiencies. Five sources of inefficiency are identified relating to inefficient allocations across countries, across consumers, and among...
Persistent link: https://www.econbiz.de/10005136661