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We study the impact of regional and sectoral productivity changes on the U.S. economy. To that end, we consider an … environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes … sectoral productivity changes. We find that such elasticities can vary significantly depending on the sectors and regions …
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price of skill-intensive goods under skill-biased technological change and the countervailing effect of increasing world …
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We estimate a model of urban productivity in which the agglomeration effect of density is enhanced by a metropolitan … accounts for the spatial distribution of population, we find that a doubling of density increases productivity by 2 to 4 … average labor productivity with respect to density increases with human capital. Metropolitan areas with a human capital stock …
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important determinants of economic vitality. -- Human capital ; knowledge ; new economy ; productivity …
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Since at least the mid-2000's, many advanced economies have experienced low productivity growth. This development is … often related to the declining productivity gains at the technology frontier, which is commonly assumed to be determined by … the U.S. We challenge this explanation by studying the effects of changes in U.S. technology on the productivity level in …
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-term growth. This setup may also be used to explain the accelerated productivity that followed the bursting of notable technology …
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