farther up the technology ladder, employment falls, output declines, and prices and wages rise. For low elasticities …

' earnings impact property crime with an elasticity of -1, but that wages have no impact on violent crime. The paper also … instrumenting real wages of young workers. Using state-year-industry specific technology shocks as instruments yields elasticities …

.S. economy. The rationale is that IT may speed up the process of knowledge transfer and make these knowledge spillovers more … suggest a strengthening of R&D spillovers between the 1958-1987 and 1987-2007 periods. A decomposition of TFP growth also … indicates a higher contribution from R&D spillovers in the later period. These results suggest a strengthening of the R …

notion of technological proximity of firms is developed in order to quantify potential R&D spillovers. The importance of the … position variables and the potential spilover pool in explaining R&D intensity, patent productivity and TFP growth is explored … effects are significant in explaining patent productivity. I cannot distinguish between the two effects in explaining TFP …

firm survey from the 1840s, we shed light on the mechanism: upper-tail knowledge raised productivity in innovative …

We develop an empirical framework to assess the importance of trade and technical change on the wages of production and … outsourcing and expenditures on high-technology equipment can explain a substantial amount of the increase in the wages of … our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …

technological externalities, or spillovers. In addition to reviewing the recent empirical research on technology spillovers, the … technology spillovers through international trade and the activity of multinational enterprises. The analysis also highlights …