This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade … to derive two predictions. First, the mean rate of quality growth and the corresponding cross-sectional variance of … quality growth in a country are positively correlated. Second, both the mean and variance of quality changes are positively …

demonstrate that discussions of the impact of a GPT on productivity and growth need to emphasize the benefits as well as the costs …

report having robotics. The distribution of robots is highly skewed across establishments' locations. Some locations, which …

Innovation is a key driver of long run economic growth. Studying innovation requires a clear view of the …

China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …. Notwithstanding the inefficient and risky growth model, the government has maneuvered the economy around various stresses without any … growth is key to maintaining reasonable GDP growth. Unbalanced reforms, a schizophrenic approach to the role of the market …

correlated with economic growth, there are many high income countries that primarily produce using diffused ideas. Additionally …

countries and that this cost inhibits the growth of the modern sector. We provide new empirical evidence using a database …