Results 1 to 10 of about 82,623 (49)
Are Ideas Getting Harder to Find?
The American Economic Review, 2020 Long-run growth in many models is the product of two terms: the effective number of researchers and their research productivity. We present evidence from various industries, products, and firms showing that research effort is rising substantially while ...
N. Bloom +3 more
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Journal of Economic Literature, 2019 Digital technology is the representation of information in bits. This technology has reduced the cost of storage, computation, and transmission of data.
Avi Goldfarb, Catherine Tucker
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What Drives Differences in Management Practices?
The American Economic Review, 2019 Partnering with the US Census Bureau, we implement a new survey of “structured” management practices in two waves of 35,000 manufacturing plants in 2010 and 2015.
N. Bloom +6 more
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How Do Tax Incentives Affect Investment and Productivity? Firm-Level Evidence from China
American Economic Journal: Economic Policy, 2019 China initiated a major reform for capital taxation in 2004. Completed in 2009, it introduced permanent tax incentives for firms’ investment in fixed assets.
Yongzheng Liu, Jie Mao
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Notching R&D Investment with Corporate Income Tax Cuts in China
The American Economic Review, 2018 We study a Chinese policy that awards substantial tax cuts to firms with R&D investment over a threshold or “notch.” Quasi-experimental variation and administrative tax data show a significant increase in reported R&D that is partly driven by firms ...
Zhao Chen +3 more
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Equilibrium Technology Diffusion, Trade, and Growth
The American Economic Review, 2021 We study how opening to trade affects economic growth in a model where heterogeneous firms can adopt new technologies already in use by other firms in their home country.
Jesse Perla +2 more
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OPTIMAL TAXATION AND MARKET POWER
Social Science Research NetworkShould optimal income taxation change when firms have market power? We analyze how the planner can optimally tax labor income of workers and profits of entrepreneurs.
J. Eeckhout +3 more
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Firm-Level Upgrading in Developing Countries
Social Science Research Network, 2021 In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many
E. Verhoogen
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Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth
The American Economic ReviewThis paper studies how firms adapt to demand shocks when facing capacity constraints. I show that increases in government purchases raise total factor productivity in quantity units at the production line level.
Ethan Ilzetzki
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The Modern Wholesaler: Global Sourcing, Domestic Distribution, and Scale Economies
Social Science Research NetworkHalf of all transactions in the $6 trillion market for manufactured goods in the United States were intermediated by wholesalers in 2012, up from 32 percent in 1992. Seventy percent of this increase is due to the growth of “superstar” firms—the largest 1
S. Ganapati
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