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Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively …, integrating intermittent resources creates additional grid management challenges, requiring further innovation. This chapter … documents the evolving roles of innovation and entrepreneurship in the energy sector. First, we provide an overview of the …
Persistent link: https://www.econbiz.de/10012481728
U.S. agriculture was transformed during the 20th century by waves of innovation with mechanical, biological, chemical … innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations--let alone increase productivity. Great potential exists for innovation in crop and …
Persistent link: https://www.econbiz.de/10012481789
demand and the dynamic interaction between the two in the context of the U.S. telecommunications industry over an extended … on the cost structure, employment and capital formation of the telecommunications industry in the U.S …
Persistent link: https://www.econbiz.de/10012473008
This paper estimates returns to scale for manufacturing industries around the turn of the twentieth century in the United States by exploiting an industry-city panel data for the years 1880-1930. We estimate decreasing returns to scale on average over the period, contrary to most of the existing...
Persistent link: https://www.econbiz.de/10012510512
Applications for new businesses from the U.S. Census Bureau's monthly and weekly Business Formation Statistics (BFS) fell substantially in the early stages of the pandemic but then surged in the second half of 2020. This surge has continued through May 2021. The pace of applications since...
Persistent link: https://www.econbiz.de/10012585396
Electricity is a general purpose technology and the catalyst for the second industrial revolution. Developing countries are currently making huge investments in electrification, with a view to achieving structural change. What does history say about its impact on the structure of employment? We...
Persistent link: https://www.econbiz.de/10012480420
The Great Migration from the US South is a prominent theme in economic history research not only because it was a prime example of large scale internal migration, but also because it had far-reaching ramifications for American economic, social, and political change. This essay offers a concise...
Persistent link: https://www.econbiz.de/10012481850
The costs of government assistance to banks depend on the way rescues are managed. The cnetral questions of policy reference do not revolve around whether to bail out banks, but rather around the choice of which banks to rescue and the means for doing so. If a rescue is handled skillfully, the...
Persistent link: https://www.econbiz.de/10012469074
Are the U.S. textile and apparel industries examples of creative destruction or are they just plain destructing? We investigate this question using both aggregate industry-level data and plant-level data from the U.S. Census' LRD. We find that while the aggregate-level evidence is consistent...
Persistent link: https://www.econbiz.de/10012470376
Employing a 'factor-content' model that relates sectoral growth to regional factor endowments, we find that 1) U.S. state factor endowments are reasonably strong correlates of cross-state sectoral growth in value-added, with patterns that accord well with intuition; 2) that inter-sectoral...
Persistent link: https://www.econbiz.de/10012473793