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Carlino, Gerald; Kerr, William R. - National Bureau of Economic Research (NBER) - 2014

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

Does the Internet Make Markets More Competitive?

Brown, Jeffrey Robert; Goolsbee, Austan - National Bureau of Economic Research (NBER) - 2000

The Internet has the potential to significantly reduce search costs by allowing consumers to engage in low-cost price comparisons online. This paper provides empirical evidence on the impact that the rise of Internet comparison shopping sites has had for the prices of life insurance in the...

Persistent link: https://www.econbiz.de/10005828994

Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?

Foster, Lucia Smith; Haltiwanger, John; Syverson, Chad - National Bureau of Economic Research (NBER) - 2005

) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …

Persistent link: https://www.econbiz.de/10005088607

Patent Rights, Product Market Reforms, and Innovation

Howitt, Peter; Aghion, Philippe; Prantl, Susanne - National Bureau of Economic Research (NBER) - 2013

Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing product market competition interact with the strength of...

Persistent link: https://www.econbiz.de/10010618282

Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines

Glaeser, Edward Ludwig; Kerr, Sari Pekkala; Kerr, William R. - National Bureau of Economic Research (NBER) - 2012

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

Persistent link: https://www.econbiz.de/10010821933

International Financial Integration and Economic Growth

Edison, Hali; Levine, Ross; Ricci, Luca Antonio; Slok, … - National Bureau of Economic Research (NBER) - 2002

This paper uses new data and new econometric techniques to investigate the impact of international financial integration on economic growth and also to assess whether this relationship depends on the level of economic development, financial development, legal system development, government...

Persistent link: https://www.econbiz.de/10005085368

Foreign Capital and Economic Growth

Prasad, Eswar; Rajan, Raghuram G.; Subramanian, Arvind - National Bureau of Economic Research (NBER) - 2007

We document the recent phenomenon of "uphill" flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...

Persistent link: https://www.econbiz.de/10005088625

Decomposing the Effects of Financial Liberalization: Crises vs. Growth

Ranciere, Romain Rancière; Tornell, Aaron; Westermann, … - National Bureau of Economic Research (NBER) - 2006

We present a new empirical decomposition of the effects of financial liberalization on economic growth and on the incidence of crises. Our empirical estimates show that the direct effect of financial liberalization on growth by far outweighs the indirect effect via a higher propensity to crisis....

Persistent link: https://www.econbiz.de/10005049848

Capital Market Integration and Wages

Chari, Anusha; Henry, Peter Blair; Sasson, Diego - National Bureau of Economic Research (NBER) - 2009

-liberalization salary. The increase in the growth rate of labor productivity in the aftermath of liberalization exceeds the increase in the …

Persistent link: https://www.econbiz.de/10005033486

Sex Ratios, Entrepreneurship, and Economic Growth in the People's Republic of China

Wei, Shang-Jin; Zhang, Xiaobo - National Bureau of Economic Research (NBER) - 2011

China experiences an increasingly severe relative surplus of men in the pre-marital age cohort. The existing literature on its consequences focuses mostly on negative aspects such as crime. In this paper, we provide evidence that the imbalance may also stimulate economic growth by inducing more...

Persistent link: https://www.econbiz.de/10008839458

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