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Trust, Intangible Assets, and Productivity
Cette, Gilbert; Lopez, Jimmy; Mairesse, Jacques; … - National Bureau of Economic Research - 2024
Business environments dominated by information flows and autonomous tasks, typical of knowledge-intensive industries, are likely to require enough social capital to be viable and productive. In this paper, we use new EUKLEMS-INTANProd industry-level data (Bontadini et al., 2023a) covering a...
Persistent link: https://www.econbiz.de/10014544791
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Customer Data Access and Fintech Entry : Early Evidence from Open Banking
Babina, Tania; Bahaj, Saleem; Buchak, Greg; De Marco, … - National Bureau of Economic Research - 2024
Open banking (OB) empowers bank customers to share transaction data with fintechs and other banks. 49 countries have adopted OB policies. Consumer trust in fintechs predicts OB policy adoption and adoption spurs investment in fintechs. UK microdata shows that OB enables: i) consumers to access...
Persistent link: https://www.econbiz.de/10014468288
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Servicing Development : Productive Upgrading of Labor-Absorbing Services in Developing Economies
Rodrik, Dani; Sandhu, Rohan - National Bureau of Economic Research - 2024
Manufacturing generates very little employment in the developing world. Urban jobs are predominantly informal, unproductive, and in services. It seems unlikely that manufacturing will be able to absorb the new increments to the labor force or create more productive jobs for those that are...
Persistent link: https://www.econbiz.de/10014635701
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The Skill Complementarity of Broadband Internet
Akerman, Anders - 2015
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … adoption of broadband internet in firms. Our results suggest that broadband internet improves (worsens) the labor outcomes and … internet. We find suggestive evidence that broadband adoption in firms complements skilled workers in executing nonroutine …
Persistent link: https://www.econbiz.de/10012457840
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How Does Expropriation Risk Affect Innovation?
Benavente H., José Miguel; Bravo Ortega, Claudio; … - National Bureau of Economic Research - 2024
We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative sector, building on Romer's(1990) model. Our framework predicts the R&D expenditure, the share of human capital in R&D, the number of patents, technical progress, and economic growth...
Persistent link: https://www.econbiz.de/10014512142
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The Employment Effects of Mobile Internet in Developing Countries
Chiplunkar, Gaurav; Goldberg, Pinelopi K. - National Bureau of Economic Research - 2022
We examine the employment effects of 3G mobile internet expansion in developing countries. We find that 3G …
Persistent link: https://www.econbiz.de/10013477233
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GDP and Temperature : Evidence on Cross-Country Response Heterogeneity
Berg, Kimberly A.; Curtis, Chadwick C.; Mark, Nelson C. - National Bureau of Economic Research - 2023
We use local projections to estimate the cross-country distribution of real GDP per capita growth impulse responses to global and idiosyncratic temperature shocks. Negative growth responses to global temperature at longer horizons are found for all Group of Seven countries while positive...
Persistent link: https://www.econbiz.de/10014322715
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Upward Mobility in Developing Countries
Génicot, Garance; Ray, Debraj; Concha-Arriagada, Carolina - National Bureau of Economic Research - 2024
This article provides an overview of the literature on mobility in developing countries. Explicit distinctions are drawn between directional and non-directional measures, absolute and relative measures, and combinations thereof. We note that the scarcity of panel data has hindered the...
Persistent link: https://www.econbiz.de/10014528430
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On the Ubiquity of Declining Business Dynamism
Hummels, David; Yue, Kan - National Bureau of Economic Research - 2024
Recent work documents declining business dynamism in the United States, with concerning implications for markups, innovation and productivity. Using import data for 146 countries over three decades we document a set of new stylized facts describing market dynamism world-wide. Market entry rates...
Persistent link: https://www.econbiz.de/10014576666
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Inequality and Measured Growth
Oberfield, Ezra - National Bureau of Economic Research - 2023
Compared to a half-century ago, inequality in the United states has risen and measured productivity growth has fallen. Concerns about rising inequality have been exacerbated by the observation that prices of goods consumed by the poor have risen faster than prices of goods consumed by the rich....
Persistent link: https://www.econbiz.de/10014248014