Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10000787558
We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology … adoption decisions of the users of new technologies. Technology adoption involves an implementation investment that determines … the initial productivity of a new technology. After implementation, learning increases the productivity of a technology to …
Persistent link: https://www.econbiz.de/10012465770
There is considerable evidence that producer-level churning contributes substantially to aggregate (industry) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the fact that producer-level prices are typically unobserved;...
Persistent link: https://www.econbiz.de/10012467123
-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …
Persistent link: https://www.econbiz.de/10012467958
Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using … annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … include our technology, vintage, and renovation variables. Sample calculations of the impact of pollution abatement on …
Persistent link: https://www.econbiz.de/10012470238
We survey research on the relationship between technology and trade. We begin with the old literature, which treated … the state of technology as exogenous and asked how changes in technology affect the trade pattern and welfare. Recent … research and development. This allows one to examine not only how technology affects trade, but also how trade affects the …
Persistent link: https://www.econbiz.de/10012473978
In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal unemployment and low output. This chapter investigates the processes that account for these persistent slumps. The data are from the economy of the United States, and the discussion...
Persistent link: https://www.econbiz.de/10012456445
these shortcomings by focusing on technological learning-by-doing: the notion that it takes workers time using a technology …
Persistent link: https://www.econbiz.de/10012458896
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has … between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United …
Persistent link: https://www.econbiz.de/10012459005
What obstacles prevent the most productive technologies from spreading to less developed economies from the world's technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that...
Persistent link: https://www.econbiz.de/10012459301