Results 1 to 10 of about 82,457 (44)

Using Synthetic Controls: Feasibility, Data Requirements, and Methodological Aspects

open access: yesJournal of Economic Literature, 2021
Probably because of their interpretability and transparent nature, synthetic controls have become widely applied in empirical research in economics and the social sciences.
Alberto Abadie
semanticscholar   +1 more source

Are Ideas Getting Harder to Find?

open access: yesThe 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
semanticscholar   +1 more source

Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?

open access: yesSocial Science Research Network, 2023
IZA DP No. 16377 AUGUST 2023 Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?* This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in ...
Rainer Kotschy, D. Bloom
semanticscholar   +1 more source

Moonshot: Public R&D and Growth

open access: yesThe American Economic Review, 2023
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War–era space race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending.
S. Kantor, A. Whalley
semanticscholar   +1 more source

The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity

open access: yesAmerican Economic Journal: Macroeconomics, 2016
Population aging is expected to slow US economic growth. We use variation in the predetermined component of population aging across states to estimate the impact of aging on growth in GDP per capita for 1980–2010. We find that each 10 percent increase in
Nicole Maestas   +2 more
semanticscholar   +1 more source

Privatization and productivity in China

open access: yesThe Rand Journal of Economics, 2021
We study how changes in ownership a¤ect the productivity of …rms. Privatization of state-owned enterprises (SOEs) was a major economic reform during China’s rapid growth, but its true impact remains controversial.
Yuyu Chen   +3 more
semanticscholar   +1 more source

What Remains of Cross-Country Convergence?

open access: yesJournal of Economic Literature, 2018
We examine the record of cross-country growth over the past fifty years and ask if developing countries have made progress on closing the income gap between their per capita incomes and those in the advanced economies.
P. Johnson, C. Papageorgiou
semanticscholar   +1 more source

Income Differences, Productivity, and Input-Output Networks

open access: yesAmerican Economic Journal: Macroeconomics, 2022
We study the importance of input-output (IO) linkages and sectoral productivity (TFP) in determining cross-country income differences. We find that while highly connected sectors are more productive than the typical sector in poor countries, the opposite
Harald Fadinger   +2 more
semanticscholar   +1 more source

The Sources of Capital Misallocation

open access: yesThe American Economic Review, 2019
We develop a methodology to disentangle sources of capital “mis-allocation,” i.e., dispersion in value-added/capital. It measures the contributions of technological/informational frictions and a rich class of firm-specific factors.
J. David, Venky Venkateswaran
semanticscholar   +1 more source

Why Is Productivity Slowing Down?

open access: yesJournal of Economic Literature, 2020
We examine the contribution of different explanations to the slowdown of labor productivity. Comparing the post-2005 period with the preceding decade for five advanced economies, we seek to explain a slowdown of 0.8 to 1.8 pp.
I. Goldin   +3 more
semanticscholar   +1 more source

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