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Growth and Risk : A View from International Trade

Krishna, Pravin; Levchenko, Andrei A.; Ma, Lin; … - National Bureau of Economic Research - 2023

This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade … to derive two predictions. First, the mean rate of quality growth and the corresponding cross-sectional variance of … quality growth in a country are positively correlated. Second, both the mean and variance of quality changes are positively …

Persistent link: https://www.econbiz.de/10014226112

Agrawal, Ajay; Gans, Joshua; Goldfarb, Avi - National Bureau of Economic Research - 2023

demonstrate that discussions of the impact of a GPT on productivity and growth need to emphasize the benefits as well as the costs …

Persistent link: https://www.econbiz.de/10014226173

Distortions, Producer Dynamics, and Aggregate Productivity : A General Equilibrium Analysis

Ayerst, Stephen; Brandt, Loren; Restuccia, Diego - National Bureau of Economic Research - 2023

The expansion in farm size is an important contributor to agricultural productivity in developed countries, but the reallocation process is hindered in less developed economies. How do distortions to factor reallocation affect farm dynamics and agricultural productivity? We develop a model of...

Persistent link: https://www.econbiz.de/10014226182

The Characteristics and Geographic Distribution of Robot Hubs in U.S. Manufacturing Establishments

Brynjolfsson, Erik; Buffington, Catherine; Goldschlag, … - National Bureau of Economic Research - 2023

We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is much more strongly related to establishment...

Persistent link: https://www.econbiz.de/10014247984

Where Have All the "Creative Talents" Gone? Employment Dynamics of US Inventors

Akcigit, Ufuk; Goldschlag, Nathan - National Bureau of Economic Research - 2023

How are inventors allocated in the US economy and does that allocation affect innovative capacity? To answer these questions, we first build a model of creative destruction where an inventor with a new idea has the possibility to work for an entrant or incumbent firm. If the inventor works for...

Persistent link: https://www.econbiz.de/10014248003

Measuring the Characteristics and Employment Dynamics of U.S. Inventors

Akcigit, Ufuk; Goldschlag, Nathan - National Bureau of Economic Research - 2023

Innovation is a key driver of long run economic growth. Studying innovation requires a clear view of the …

Persistent link: https://www.econbiz.de/10014248004

Has China's Growth Gone From Miracle to Malady?

Prasad, Eswar S. - National Bureau of Economic Research - 2023

China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …. Notwithstanding the inefficient and risky growth model, the government has maneuvered the economy around various stresses without any … growth is key to maintaining reasonable GDP growth. Unbalanced reforms, a schizophrenic approach to the role of the market …

Persistent link: https://www.econbiz.de/10014250169

Global Knowledge and Trade Flows : Theory and Measurement

Lind, Nelson; Ramondo, Natalia - National Bureau of Economic Research - 2022

correlated with economic growth, there are many high income countries that primarily produce using diffused ideas. Additionally …

Persistent link: https://www.econbiz.de/10013435152

The Missing Middle Managers : Labor Costs, Firm Structure, and Development

Hjort, Jonas; Malmberg, Hannes; Schoellman, Todd - National Bureau of Economic Research - 2022

countries and that this cost inhibits the growth of the modern sector. We provide new empirical evidence using a database …

Persistent link: https://www.econbiz.de/10013435154

The Social Tax : Redistributive Pressure and Labor Supply

Carranza Noguera, Eliana; Donald, Aletheia; Grosset, Florian - National Bureau of Economic Research - 2022

In low-income communities, pressure to share income with others may disincentivize work, distorting labor supply. We document that across countries, social groups that undertake more interpersonal transfers work fewer hours. Using a field experiment, we enable piece-rate factory workers in Côte...

Persistent link: https://www.econbiz.de/10013388794