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Survive another day: does uncertain financing affect the composition of investment?
Garicano, Luis; Steinwender, Claudia - London School of Economics (LSE) - 2013
firms in the European periphery. Specifically, we compare Spanish manufacturing firms which are foreign owned (and thus have … heterogeneity and for industry specific time effects, firms which are capital constrained reduce employment substantially more (by 6 …); reduce investment drastically (by 19); and reduce very substantially process innovation and information technology investment …
Persistent link: https://www.econbiz.de/10010746023
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The territorial dynamics of innovation in China and India
Crescenzi, Riccardo; Rodríguez-Pose, Andrés; Storper, … - London School of Economics (LSE) - 2012
This article analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is … contrast, innovation is much more dependent on a combination of good local socioeconomic structures and investment in science …
Persistent link: https://www.econbiz.de/10011125988
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Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab
Griffith, Rachel; Redding, Stephen; Simpson, Helen - London School of Economics (LSE) - 2004
manufacturing, before presenting new evidence using establishment-level data on production, service and R&D activity for the United …
Persistent link: https://www.econbiz.de/10010745694
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Has ICT polarized skill demand? Evidence from eleven countries over 25 years
Michaels, Guy; Natraj, Ashwini; Van Reenen, John - London School of Economics (LSE) - 2014
We test the hypothesis that information and communication technologies (ICT) “polarize” labor markets, by increasing demand for the highly educated at the expense of the middle educated, with little effect on low-educated workers. Using data on the US, Japan, and nine European countries from...
Persistent link: https://www.econbiz.de/10011234814
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Wage inequality, technology and trade: 21st Century evidence
Van Reenen, John - London School of Economics (LSE) - 2011
This paper describes and explains some of the principal trends in the wage and skilldistribution in recent decades. There have been sharp increases in wage inequality across theOECD, beginning with the US and UK at the end of the 1970s. A good fraction of thisinequality growth is due to...
Persistent link: https://www.econbiz.de/10010746536
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Rise of the machines: the effects of labor-saving innovations on jobs and wages
Feng, Andy; Graetz, Georg - London School of Economics (LSE) - 2015
How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate, and what types of worker will be replaced as a result? We present a model that distinguishes between a task's engineering complexity and its training requirements. When two...
Persistent link: https://www.econbiz.de/10011183330
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Has ICT polarized skill demand?: evidence from eleven countries over 25 Years
Michaels, Guy; Natraj, Ashwini; Van Reenen, John - London School of Economics (LSE) - 2010
OECD labor markets have become more “polarized” with employment in the middle of the skill distribution falling …
Persistent link: https://www.econbiz.de/10011071292
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Technology, information and the decentralization of the firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - London School of Economics (LSE) - 2006
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10010884642
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Measuring and explaining management practices across firms and countries
Bloom, Nick; Van Reenen, John - London School of Economics (LSE) - 2006
We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the …
Persistent link: https://www.econbiz.de/10010928804
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Is distance dying at last?
Griffith, Rachel; Lee, Sokbae; Van Reenen, John - London School of Economics (LSE) - 2008
Economists have long been sceptical of claims about the 'death of distance' - the idea that new technology has diminished the significance of geography for economic outcomes. Research by Sokbae Lee, Rachel Griffith and John Van Reenen, which looks at patent citations over a quarter of a century,...
Persistent link: https://www.econbiz.de/10010744875