Narrow search
Showing 1 - 10 of 163
Cover Image
Survival of the best fit: exposure to low-wage countries and the (uneven) growth of U.S. manufacturing plants
Bernard, Andrew B.; Bradford Jensen, J.; Schott, Peter K. - London School of Economics (LSE) - 2003
This paper examines the role of international trade in the reallocation of U.S. manufacturing activity within and across industries from 1977 to 1997. It introduces a new measure of industry exposure to international trade, motivated by the Heckscher-Ohlin model, which focuses on where imports...
Persistent link: https://www.econbiz.de/10011071123
Cover Image
Technology dissemination and economic growth: some lessons for the new economy
Quah, Danny - London School of Economics (LSE) - 2002
This paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the sense that knowledge now assumes increasing importance...
Persistent link: https://www.econbiz.de/10011071192
Cover Image
Basic research and sequential innovation
Belenzon, Sharon - London School of Economics (LSE) - 2006
problem of underinvestment in basic research is confirmed: spillovers of more general knowledge (and in this respect, more …
Persistent link: https://www.econbiz.de/10010745650
Cover Image
Identifying technology spillovers and product market rivalry
Bloom, Nick; Schankerman, Mark; Van Reenen, John - London School of Economics (LSE) - 2005
Government policies to support R&D are predicated on empirical evidence of R&D "spillovers" between firms. But there … are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have …
Persistent link: https://www.econbiz.de/10011125934
Cover Image
Identifying technology spillovers and product market rivalry
Bloom, Nick; Schankerman, Mark; Van Reenen, John - London School of Economics (LSE) - 2013
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years …. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive … effect from technology (knowledge) spillovers and a negative business stealing effects from product market rivals. We develop …
Persistent link: https://www.econbiz.de/10011126004
Cover Image
Identifying technology spillovers and product market rivalry
Bloom, Nick; Schankerman, Mark; Van Reenen, John - London School of Economics (LSE) - 2005
there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …
Persistent link: https://www.econbiz.de/10011126438
Cover Image
Identifying technology spillovers and product market rivalry
Bloom, Nick; Schankerman, Mark; Van Reenen, John - London School of Economics (LSE) - 2005
there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …
Persistent link: https://www.econbiz.de/10011071197
Cover Image
Heterogeneous mark-ups, growth and endogenous misallocation
Peters, Michael - London School of Economics (LSE) - 2013
The recent work on misallocation argues that aggregate productivity in poor countries is low because various market frictions prevent marginal products from being equalized. By focusing on such allocative inefficiencies, misallocation is construed as a purely static phenomenon. This paper argues...
Persistent link: https://www.econbiz.de/10010884565
Cover Image
Infrastructure and regional growth in the European Union
Crescenzi, Riccardo; Rodríguez-Pose, Andrés - London School of Economics (LSE) - 2012
Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European Union (EU) and elsewhere in the world. However, despite the considerable funds devoted to it, its impact remains controversial. This paper revisits the question of to what...
Persistent link: https://www.econbiz.de/10011126112
Cover Image
Growth and the quality of foreign direct investment: is all FDI equal?
Alfaro, Laura; Charlton, Andrew - London School of Economics (LSE) - 2007
In this paper we distinguish different “qualities” of FDI to re-examine the relationship between FDI and growth. We use ‘quality’ to mean the effect of a unit of FDI on economic growth. However this is difficult to establish because it is a function of many different country and project...
Persistent link: https://www.econbiz.de/10011071122