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This paper investigates how changes in technology use of individual plants in the Canadian manufacturing sector are … of panel data on advanced technology use from Statistics Canada’s 1993 and 1998 advanced manufacturing surveys that are …
Persistent link: https://www.econbiz.de/10014208743
Persistent link: https://www.econbiz.de/10012054451
We offer a macroeconomic assessment of China’s Reform Period, highlighting several neglected channels underlining its great expansion. Estimating the supply side of the post-Reform economy reveals the relatively high (above unity) value of the elasticity of factor substitution and the...
Persistent link: https://www.econbiz.de/10011904381
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to … literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth … of firms. Our exercise is innovative as Sweden has a unique regulatory structure where the manufacturing plants have to …
Persistent link: https://www.econbiz.de/10011906240
This chapter reviews the empirical literature on the determination of firms’ and industries’ innovative activity and performance, highlighting the questions addressed, the approaches adopted, impediments to progress in the field, and research opportunities. We review the...
Persistent link: https://www.econbiz.de/10014025172
We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect the level of wages, the Skill Premium, and wage inequality. We then use detailed microdata from the US Census between 1997 and 2016 to estimate the parameters of labor supply,...
Persistent link: https://www.econbiz.de/10013466168
The U.S. payments industry is in the process of developing ubiquitous, safe, faster electronic solutions for making a broad variety of business and personal payments. How this market for faster payments will evolve will be shaped by a range of economic forces, such as economies of scale and...
Persistent link: https://www.econbiz.de/10012943870
The U.S. payments industry is in the process of developing ubiquitous, safe, faster electronic solutions for making a broad variety of business and personal payments. How this market for faster payments will evolve will be shaped by a range of economic forces, such as economies of scale and...
Persistent link: https://www.econbiz.de/10011803228
A key feature of Sutton's theory is that industries evolve to distinct market configurations in terms of concentration depending upon whether the markets have a large size, whether the corresponding products are essentially homogeneous, whether they are differentiated by research and development...
Persistent link: https://www.econbiz.de/10014068645
A new wave of innovation is beginning to disrupt industry on a global scale. It constitutes a tremendous opportunity for faster productivity growth, but also a potential disruption to a number of economic sectors and to job markets. Academic research and the public debate have focused mostly on...
Persistent link: https://www.econbiz.de/10011809882