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Has the economy fundamentally changed in the 1990s because of the introduction of information technology or is the impact of IT not so much "new" as larger than before? In this article, Barry Bosworth and Jack Triplett of the Brooking Institution examine this issue with a detailed analysis of...
Persistent link: https://www.econbiz.de/10005481862
The slower productivity growth in Canada relative to that experienced in the United States in the second half of the 1990s has been a matter of great concern to Canadians, with a wide variety of explanations put forward to account for this development. A key issue is whether this slower...
Persistent link: https://www.econbiz.de/10005518950
In this paper, I first show that Swedish job polarization is - contrary to common belief - a long-run phenomenon: the share of middle-wage jobs has declined relative to the highest- and lowest-paid jobs since at least the 1950s. Based on previous results for the US, I then demonstrate that the...
Persistent link: https://www.econbiz.de/10011756515
The present study contributes to the analysis of economic growth by comparing labour ant total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long run (since 1890) and in the medium run (since 1980). During the past century, the United States has...
Persistent link: https://www.econbiz.de/10009541118
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
Persistent link: https://www.econbiz.de/10013142701
Persistent link: https://www.econbiz.de/10003863446
In this paper we propose a new mental representation of how markets, technology and their interaction concur in explaining the why of a certain innovation instead of another. We empirically test this theory in the telecommunication switches industry. We consider innovation as a new alignment of...
Persistent link: https://www.econbiz.de/10009550527
Goldin and Katz's The Race between Education and Technology is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the...
Persistent link: https://www.econbiz.de/10009488819
While explaining cluster internal impacts on cluster development, cluster life cycle theory fails to explain the influence of cluster external factors. Based on a multiscalar approach, this study investigates factors causing change within an agritech cluster applying a qualitative approach. Main...
Persistent link: https://www.econbiz.de/10011303755
I study the effects of basic and applied innovation on a firm's market value and total factor productivity for a panel of U.S. manufacturing firms. Basicness of innovation is measured by the index of generality proposed by Trajtenberg, Henderson and Jaffe (1997), and basic and applied innovation...
Persistent link: https://www.econbiz.de/10009732133