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Innovation, Growth and Structural Change in American Agriculture
Andersen, Matt A.; Pardey, Philip G. - 2022
U.S. agriculture was transformed during the 20th century by waves of innovation with mechanical, biological, chemical … innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations—let alone increase productivity. Great potential exists for innovation in crop and livestock …
Persistent link: https://www.econbiz.de/10013322662
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The Changing Structure of Cost and Demand for the U.S. Telecommunications Industry
Nadiri, M. Ishaq; Nandi, Banani - 2021
demand and the dynamic interaction between the two in the context of the U.S. telecommunications industry over an extended … on the cost structure, employment and capital formation of the telecommunications industry in the U.S …
Persistent link: https://www.econbiz.de/10013226071
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Reallocation and Technology : Evidence from the U.S. Steel Industry
Collard-Wexler, Allan - 2014
We measure the impact of a drastic new technology for producing steel - the minimill - on the aggregate productivity of U.S. steel producers, using unique plant-level data between 1963 and 2002. We find that the sharp increase in the industry's productivity is linked to this new technology, and...
Persistent link: https://www.econbiz.de/10013064665
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How to Restructure Failed Banking Systems : Lessons from the U.S. In the 1930's and Japan in the 1990's
Calomiris, Charles W. - 2009
The costs of government assistance to banks depend on the way rescues are managed. The cnetral questions of policy reference do not revolve around whether to bail out banks, but rather around the choice of which banks to rescue and the means for doing so. If a rescue is handled skillfully, the...
Persistent link: https://www.econbiz.de/10012767753
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Does Electricity Drive Structural Transformation? Evidence from the United States
Gaggl, Paul - 2019
Electricity is a general purpose technology and the catalyst for the second industrial revolution. Developing countries are currently making huge investments in electrification, with a view to achieving structural change. What does history say about its impact on the structure of employment? We...
Persistent link: https://www.econbiz.de/10012858817
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The Transformation of Manufacturing and the Decline in U.S. Employment
Charles, Kerwin Kofi - 2018
Using data from a variety of sources, this paper comprehensively documents the dramatic changes in the manufacturing sector and the large decline in employment rates and hours worked among prime-aged Americans since 2000. We use cross-region variation to explore the link between declining...
Persistent link: https://www.econbiz.de/10012922973
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Sectoral Growth Across U.S. States : Factor Content, Linkages, and Trade
Richardson, J. David; Smith, Pamela J. D. - 2021
Employing a 'factor-content' model that relates sectoral growth to regional factor endowments, we find that 1) U.S. state factor endowments are reasonably strong correlates of cross-state sectoral growth in value-added, with patterns that accord well with intuition; 2) that inter-sectoral...
Persistent link: https://www.econbiz.de/10013225136
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Creative Destruction or Just Plain Destruction? : The U.S. Textile and Apparel Industries Since 1972
Levinsohn, James A.; Petropoulos, Wendy - 2021
Are the U.S. textile and apparel industries examples of creative destruction or are they just plain destructing? We investigate this question using both aggregate industry-level data and plant-level data from the U.S. Census' LRD. We find that while the aggregate-level evidence is consistent...
Persistent link: https://www.econbiz.de/10013231561
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Global Imbalances and Structural Change in the United States
Kehoe, Timothy J. - 2013
Since the early 1990s, as the United States borrowed heavily from the rest of the world, employment in the U.S. goods-producing sector has fallen. We construct a dynamic general equilibrium model with several mechanisms that could generate declining goods-sector employment: foreign borrowing,...
Persistent link: https://www.econbiz.de/10013077647
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From “Made in China” to “Innovated in China” : Necessity, Prospect, and Challenges
Wei, Shang-Jin - 2016
on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper …. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and … misallocation in the innovation area: while state-owned firms receive more subsidies, private firms exhibit more innovation results …
Persistent link: https://www.econbiz.de/10012978531