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African Export Successes: Surprises, Stylized Facts, and Explanations

Easterly, William; Reshef, Ariell - National Bureau of Economic Research (NBER) - 2010

We establish the following stylized facts: (1) Exports are characterized by Big Hits, (2) the Big Hits change from one period to the next, and (3) these changes are not explained by global factors like global commodity prices. These conclusions are robust to excluding extractable products (oil...

Persistent link: https://www.econbiz.de/10008765616

The Contribution of Schooling in Development Accounting: Results from a Nonparametric Upper Bound

Caselli, Francesco; Ciccone, Antonio - National Bureau of Economic Research (NBER) - 2011

How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a non-parametric upper bound on the increase in output that can be generated by more schooling. The advantage of our...

Persistent link: https://www.econbiz.de/10009652860

Development, Structure, and Transformation: Some Evidence on Comparative Economic Growth

McCord, Gordon C.; Sachs, Jeffrey D. - National Bureau of Economic Research (NBER) - 2013

We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize that economic development is a complex process driven by economic, political, social, and biophysical forces. Some economists have argued that the patterns reflect mainly the...

Persistent link: https://www.econbiz.de/10010950899

Accounting for Cross-Country Income Differences

Caselli, Francesco - National Bureau of Economic Research (NBER) - 2004

Why are some countries so much richer than others? Development Accounting is a first-pass attempt at organizing the answer around two proximate determinants: factors of production and efficiency. It answers the question "how much of the cross-country income variance can be attributed to...

Persistent link: https://www.econbiz.de/10005050273

The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital

Jones, Charles I.; Romer, Paul Michael - National Bureau of Economic Research (NBER) - 2009

In 1961, Nicholas Kaldor used his list of six "stylized" facts both to summarize the patterns that economists had discovered in national income accounts and to shape the growth models that they were developing to explain them. Redoing this exercise today, nearly fifty years later, shows how much...

Persistent link: https://www.econbiz.de/10005055442

Exports and Manufacturing Productivity in East Asia: A Comparative Analysis with Firm-Level Data

Hallward-Driemeier, Mary; Iarossi, Giuseppe; Sokoloff, … - National Bureau of Economic Research (NBER) - 2002

This paper uses new firm level data from five East Asian countries to explore the patterns of manufacturing productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of markets affects the relative productivity of firms across...

Persistent link: https://www.econbiz.de/10005710443

Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision

Lacetera, Nicola; Zirulia, Lorenzo - National Bureau of Economic Research (NBER) - 2011

Understanding the organization of R&D activities requires the simultaneous consideration of scientific workers' talent and tastes, companies' organizational choices, and the characteristics of the relevant industry. We develop a model of the provision of incentives to corporate scientists, in an...

Persistent link: https://www.econbiz.de/10009019689

Time in Purgatory: Determinants of the Grant Lag for U.S. Patent Applications

Johnson, Daniel; Popp, David; Juhl, Ted - National Bureau of Economic Research (NBER) - 2003

The impacts of two recent changes in US patent policy depend on the length of time it takes for an invention to go through the examination process. Concerns over the distributional effects of these changes were expressed during policy debates. We use data on U.S. patent applications and grants...

Persistent link: https://www.econbiz.de/10005830125

The Effects of High-Skilled Immigration on Firms: Evidence from H-1B Visa Lotteries

Doran, Kirk; Gelber, Alexander; Isen, Adam - National Bureau of Economic Research (NBER) - 2014

We study the effect of a firm winning an additional H-1B visa on the firm’s outcomes, by comparing winning and losing firms in the Fiscal Year 2006 and 2007 H-1B visa lotteries. We match administrative data on the participants in these lotteries to the universe of approved U.S. patents, and to...

Persistent link: https://www.econbiz.de/10011196772

Leaders and Followers: Perspectives on the Nordic Model and the Economics of Innovation

Stiglitz, Joseph E. - National Bureau of Economic Research (NBER) - 2014

innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …

Persistent link: https://www.econbiz.de/10010950953