Do individuals engage in beneficial activities, like recreational reading, if the necessary materials are easily accessible and relatively inexpensive? I investigate this issue by estimating how much reading time increases as a result of public library use. To address the endogeneity of library...

Research has shown that foreign direct investment (FDI) encourages economic growth at the state level. We also know that knowledge spillovers, measured via patent counts, contribute to economic growth. Using an instrumental variable approach, this paper demonstrates that FDI increases patent...