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Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023

We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...

Persistent link: https://www.econbiz.de/10014322858

Estimating the Economic Value of Zoning Reform

Anagol, Santosh; Ferreira, Fernando Vendramel; Rexer, … - National Bureau of Economic Research - 2021

We develop a framework to estimate the economic value of a recent zoning reform in the city of Sao Paulo, which altered maximum permitted construction at the city-block level. Using a spatial regression discontinuity design, we find that developers file for more multi-family construction permits...

Persistent link: https://www.econbiz.de/10012660117

All Clear for Takeoff : Evidence from Airports on the Effects of Infrastructure Privatization

Howell, Sabrina T.; Jang, Yeejin; Kim, Hyeik; Weisbach, … - National Bureau of Economic Research - 2022

Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners target and manage these assets? And does the contract form--control rights (concession) vs. outright ownership (sale)--matter? We explore these questions in the context of global...

Persistent link: https://www.econbiz.de/10013435106

The Greenness of China : Household Carbon Dioxide Emissions and Urban Development

Zheng, Siqi - 2009

China urbanization is associated with both increases in per-capita income and greenhouse gas emissions. This paper uses micro data to rank 74 major Chinese cities with respect to their household carbon footprint. We find that the "greenest" cities based on this criterion are Huaian and Suqian...

Persistent link: https://www.econbiz.de/10012463029

Trends in Regional Inequality in China

Jian, Tianlun - 1996

Several recent studies have examined the tendency of regions within a nation to exhibit long-term convergence in per … capita income levels. Barro and Sala-i-Martin (1991, 1992, 1995) have found a tendency towards convergence among the U … convergence among the provinces of China during the period 1952-1993. We find that real income convergence of provinces in China …

Persistent link: https://www.econbiz.de/10012473452

The Direct and Indirect Effects of Small Business Administration Lending on Growth : Evidence from U.S. County-Level Data

Young, Andrew T. - 2014

Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...

Persistent link: https://www.econbiz.de/10012458122

On the Road : Access to Transportation Infrastructure and Economic Growth in China

Banerjee, Abhijit - 2012

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities....

Persistent link: https://www.econbiz.de/10012460763

Mechanics of Spatial Growth

Cai, Sheng; Caliendo, Lorenzo; Parro, Fernando; Xiang, Wei - National Bureau of Economic Research - 2022

We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial development and aggregate growth. Growth is shaped by the best global and local ideas that contribute to the local stock of knowledge. Global ideas diffuse more to locations...

Persistent link: https://www.econbiz.de/10013435141

Cities, Heterogeneous Firms, and Trade

Bakker, Jan David; García Marín, Alvaro; Potlogea, … - National Bureau of Economic Research - 2024

Does international trade affect the growth of cities, and vice versa? Assembling disaggregate data for four countries, we document a novel stylized fact: Export activity is disproportionately concentrated in larger cities - even more so than overall economic activity. We rationalize this fact by...

Persistent link: https://www.econbiz.de/10014528416

Appropriate Entrepreneurship? The Rise of China and the Developing World

Lerner, Joshua; Liu, Junxi; Moscona, Jacob; Yang, David Y. - National Bureau of Economic Research - 2024

Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries, especially the US. This paper investigates the international consequences of the rise of a new hub for innovation, focusing on the dramatic growth of high-potential entrepreneurship and...

Persistent link: https://www.econbiz.de/10014512047