productivity growth, higher markups in product markets, and spending declines resulting from tighter lending standards at financial …

) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …

annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … productivity show the importance of allowing for differences based on plant technology. In a model incorporating technology …Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using …

-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …, including persistently high but declining rates of labor and total-factor productivity growth, a U-shaped response of the …

Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …

compare decentralization--where the business unit using the technology makes licensing decisions--to centralized licensing … technology markets favors centralization and drives higher licensing rates. Our model conforms to the existing evidence that …

volatility of unemployment relative to labor productivity, and (ii) a mild correlation between these two variables. We address … these shortcomings by focusing on technological learning-by-doing: the notion that it takes workers time using a technology …

, technology, and geography, and that none of these alone is sufficient to account for the diverse patterns of global growth. We …

-representation of women in science, technology, engineering, and mathematics (STEM). This chapter summarizes this research. We argue …

In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains … from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research … and development, brands, and organization capital. What distinguishes technology capital from other forms of capital is …