organization that one of the main drivers of differences in productivity is differences in knowledge. We examine a new data set of …Firms that export or, even more so, are part of a multinational enterprise tend to exhibit higher productivity than … detailed measures of knowledge outputs, knowledge investments, and sources of existing knowledge. We find that globally engaged …

firm survey from the 1840s, we shed light on the mechanism: upper-tail knowledge raised productivity in innovative …) from upper-tail knowledge. As a proxy for the historical presence of knowledge elites, we use city-level subscriptions to …

sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …

empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …

percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …

correction treatment should show increased effectiveness at promoting social distancing …

individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy and it increases the … that democracies are ineffective, regardless of joblessness. People's beliefs about the effectiveness of democracy as …