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of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence … productivity is declining sharply. A good example is Moore's Law. The number of researchers required today to achieve the famous … increases in research effort that offset its declining productivity …
Persistent link: https://www.econbiz.de/10012453929
In a general equilibrium product-cycle model, lower trade barriers increase Southern purchasing power, which lifts long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms, which lowers the opportunity cost of innovation,...
Persistent link: https://www.econbiz.de/10012458713
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10012459669
. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of … with frictions lowering aggregate management quality and productivity …
Persistent link: https://www.econbiz.de/10012938686
About 10% of US employees now regularly work from home (WFH), but there are concerns this can lead to "shirking from home." We report the results of a WFH experiment at CTrip, a 16,000- employee, NASDAQ-listed Chinese travel agency. Call center employees who volunteered to WFH were randomly...
Persistent link: https://www.econbiz.de/10012459790
discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …
Persistent link: https://www.econbiz.de/10014372443
doubling of firm productivity associated with 11% more pay for the highest-paid employee (likely the CEO) compared to 4.7% for … public firms for the highest-paid employees. Top pay volatility is also strongly related to productivity and structured …
Persistent link: https://www.econbiz.de/10012660055
service for all Americans ("universal access") would raise earnings-weighted labor productivity by an estimated 1.1% in the … would raise productivity, and it would promote greater economic and social resilience during future disasters that inhibit …
Persistent link: https://www.econbiz.de/10012599392
We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services …. There is a large variation in management practices, which are highly correlated with productivity, profitability and size …
Persistent link: https://www.econbiz.de/10012794618
We analyze the impact of Covid-19 on productivity in the United Kingdom using data derived from a large monthly firm … to a 1% reduction in the medium term. Firms anticipate a large reduction in 'within-firm' productivity, primarily because … by a positive 'between-firm' effect as low productivity sectors, and the least productive firms among them, are …
Persistent link: https://www.econbiz.de/10012482452