Showing 1 - 10 of 39
This paper shows the importance of technological synergies among heterogeneous firms for aggregate fluctuations. First, we document six novel empirical facts using microdata that suggest the existence of important technological synergies between trading firms, the presence of positive...
Persistent link: https://www.econbiz.de/10014512101
Does the impact of environmental regulation differ by plant vintage and technology? We answer this question using … annual Census Bureau information on 116 pulp and paper mills' vintage, technology, productivity, and pollution abatement … include our technology, vintage, and renovation variables. Sample calculations of the impact of pollution abatement on …
Persistent link: https://www.econbiz.de/10012470238
differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment … hiring and training response is quicker than the wage response. We also observe in time series that the pace of technology … technology, maturing of the workforce, and growth of international trade reduce unemployment in the longer run. The same …
Persistent link: https://www.econbiz.de/10012470933
The real business cycle literature has largely ignored the empirical question of what role technology shocks actually … play in business cycles. The observed procyclicality of total factor productivity (TFP) does not prove that technology … other reasons. I address the role of technology by investigating the dynamic interactions of inputs, TFP and two observable …
Persistent link: https://www.econbiz.de/10012472178
change in structure. This paper seeks to fill the gap by study- ing the impact of domestic technology, foreign technology and … for 24 manufacturing industries. Holding time and industry effects constant we find that in most cases technology has the … technology constant we find mixed results for trade. Effects of trade on real wages are generally insignificant once time effects …
Persistent link: https://www.econbiz.de/10012472884
creation of formal technology licensing offices at universities. Up until approximately the mid-1980s, university patents were …
Persistent link: https://www.econbiz.de/10012473821
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 and development. This allows one to examine not only how technology affects trade, but also how trade affects the …
Persistent link: https://www.econbiz.de/10012473978
which "experience"on a technology (proxied by the mean age of the capital stock) enters "non-neutrally." Our specification … technology embodied therein) ages. According to our estimates, the education-distribution of employment depends more strongly on …
Persistent link: https://www.econbiz.de/10012477361
that Japan is not spending much on basic technology development cannot be empirically substantiated from the study of the … technology.The second part of the paper is to show how two countries, one with heavy R&D activities in basic technology (the U ….S.A.)and the other with heavy R&D activities in applied technology(Japan), can compete in the world market with their productivity …
Persistent link: https://www.econbiz.de/10012477573
This paper studies the effects of university STEM education on innovation and labor market outcomes by exploiting a change in enrollment requirements in Italian STEM majors. University-level scientific education had two direct effects on the development of patents by students who had acquired a...
Persistent link: https://www.econbiz.de/10012479878