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Grossman, Gene; Helpman, Elhanan - National Bureau of Economic Research (NBER) - 1994

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 has attempted to endogenize technological progress...

Persistent link: https://www.econbiz.de/10005828618

The Impact of Medicare Part D on Pharmaceutical R&D

Sood, Neeraj; Blume-Kohout, Margaret E. - National Bureau of Economic Research (NBER) - 2008

Recent evidence suggests that Medicare Part D has increased prescription drug use among the elderly, and earlier studies have indicated that increasing market size induces pharmaceutical innovation. This paper assesses the impact of Medicare Part D on pharmaceutical research and development...

Persistent link: https://www.econbiz.de/10005828619

Schumpeterian Profits in the American Economy: Theory and Measurement

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2004

The present study examines the importance of Schumpeterian profits in the United States economy. Schumpeterian profits are defined as those profits that arise when firms are able to appropriate the returns from innovative activity. We first show the underlying equations for Schumpeterian...

Persistent link: https://www.econbiz.de/10005828659

Is Peer Review in Decline?

Ellison, Glenn - National Bureau of Economic Research (NBER) - 2007

Over the past decade there has been a decline in the fraction of papers in top economics journals written by economists from the highest-ranked economics departments. This paper documents this fact and uses additional data on publications and citations to assess various potential explanations....

Persistent link: https://www.econbiz.de/10005828998

Stronger Protection or Technological Revolution: What is Behind the Recent Surge in Patenting?

Kortum, Samuel; Lerner, Josh - National Bureau of Economic Research (NBER) - 1997

We investigate the cause of an unprecedented surge of U.S. patenting over the past" decade. Conventional wisdom points to the establishment of the Court of Appeals of the" Federal Circuit by Congress in 1982. We examine whether this institutional change benefitted patent holders, explains the...

Persistent link: https://www.econbiz.de/10005829097

Creative Careers: The Life Cycles of Nobel Laureates in Economics

Weinberg, Bruce A.; Galenson, David W. - National Bureau of Economic Research (NBER) - 2005

This paper studies life cycle creativity among Nobel laureate economists. We identify two distinct life cycles of scholarly creativity. Experimental innovators work inductively, accumulating knowledge from experience. Conceptual innovators work deductively, applying abstract principles. We find...

Persistent link: https://www.econbiz.de/10005829146

US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education

Krueger, Dirk; Kumar, Krishna - National Bureau of Economic Research (NBER) - 2003

), we argued that the European focus on specialized, vocational education might have been effective during the 60s and 70s … rapidly. In this paper, we extend our framework to assess the quantitative importance of education policy, when compared to … US-Europe differences. A assigns a major role to education policy in explaining US-Europe growth differences. …

Persistent link: https://www.econbiz.de/10005829542

Competition and Productivity in Japanese Manufacturing Industries

Okada, Yosuke - National Bureau of Economic Research (NBER) - 2005

This paper examines the determinants of productivity in Japanese manufacturing industries, looking particularly at the impact of product market competition on productivity. Using a newly available panel data on around ten thousand firms in Japanese manufacturing for the years 1994-2000, I show...

Persistent link: https://www.econbiz.de/10005829621

Patent Buy-Outs: A Mechanism for Encouraging Innovation

Kremer, Michael - National Bureau of Economic Research (NBER) - 1997

In 1839, the French government purchased the patent on the Daguerreotype process and" placed it in the public domain. This paper examines a mechanism under which governments" would use an auction to estimate the private value of patents and then offer to buy out patents at" this private value,...

Persistent link: https://www.econbiz.de/10005830092

The World our Grandchildren Will Inherit: The Rights Revolution and Beyond

Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2012

Following on Keynes's Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then...

Persistent link: https://www.econbiz.de/10011227928

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