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innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity …
Persistent link: https://www.econbiz.de/10010969317
This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data and some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10010885295
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize that economic development is a complex process driven by economic, political, social, and biophysical forces. Some economists have argued that the patterns reflect mainly the...
Persistent link: https://www.econbiz.de/10010950899
productivity growth and regional employment shares are determined by the extent of competition. Quantitatively, the model accounts …
Persistent link: https://www.econbiz.de/10010950979
years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air … conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In …
Persistent link: https://www.econbiz.de/10010950998
What determines firm growth over the life-cycle? Exploiting unique firm panel data on internal organization, balance sheets and innovation, representative of the entire Canadian economy, we study recent theories that examine life-cycle patterns for firm growth. These theories include...
Persistent link: https://www.econbiz.de/10010951103
In earlier work (Bénabou, Ticchi and Vindigni 2013) we uncovered a robust negative association between religiosity and patents per capita, holding across countries as well as US states, with and without controls. In this paper we turn to the individual level, examining the relationship between...
Persistent link: https://www.econbiz.de/10011213640
recurrent cycles: during the first phase of each cycle output and productivity grow slowly or even decline, and it is only in … the second phase that growth starts in earnest. The historical record of productivity growth associated with …
Persistent link: https://www.econbiz.de/10005248840
, as can much-debated trends relating productivity growth and patent output to aggregate inventive effort. The knowledge …
Persistent link: https://www.econbiz.de/10005079141
information technology (IT) more intensively and post faster productivity growth in the late 20th century. We argue that elevated …
Persistent link: https://www.econbiz.de/10005084574