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The Impact of the Spatial Population Distribution on Economic Growth : Evidence from the United States
Bürgi, Constantin; Gorgulu, Nisan - 2022
We look at a part of the spatial angle of economic growth. We introduce a new measure Spatial Population Concentration (SPC) that captures the weighted average population surrounding every person within a geographic area. The weights are a function of the distance between the person in question...
Persistent link: https://www.econbiz.de/10014243162
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Wealth-Income Ratios in Free Market Capitalism : Switzerland, 1900-2020
Baselgia, Enea; Martinez, Isabel - 2022
We estimate the ratio of private wealth to national income, βpt, for Switzerland from 1900 to 2020. Our results indicate that over the 20th century, βpt did not follow a U-shaped pattern as in most European countries. Instead, its was exceptionally stable at around 500%. We argue that this...
Persistent link: https://www.econbiz.de/10014244083
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Foreign Competition and Domestic Innovation : Evidence from U.S. Patents
Autor, David H. - 2019
emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …
Persistent link: https://www.econbiz.de/10012861408
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Should green governments give priority to environmental policies over growth-enhancing policies?
Economides, George; Philippopoulos, Apostolis - 2005
This paper studies the properties of second-best optimal policy in a standard general equilibrium model of growth augmented with renewable natural resources. The government chooses its policy instruments (the income tax rate and the allocation of collected tax revenues between public investment...
Persistent link: https://www.econbiz.de/10010261160
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PRC Industrial Policies Postdate Rather than Lead Economic Activity
Holz, Carsten A. - 2020
taken place since the early 2000s are driven more by profitability considerations and private entrepreneurship than by …
Persistent link: https://www.econbiz.de/10012841149
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The Intellectual Spoils of War? Defense R&D, Productivity and International Spillovers
Moretti, Enrico - 2019
which governments shape innovation, and dwarf all other public subsidies for innovation. We examine the impact of government …
Persistent link: https://www.econbiz.de/10012858206
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Quantifying optimal growth policy
Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - 2010
The optimal mix of growth policies is determined within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...
Persistent link: https://www.econbiz.de/10010276785
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Creative destruction and productive preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010291511
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How do judgmental overconfidence and overoptimism shape innovative activity?
Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013
that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …
Persistent link: https://www.econbiz.de/10010291552
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Signaling and Employer Learning with Instruments
Aryal, Gaurab - 2020
The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...
Persistent link: https://www.econbiz.de/10012841583