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Medium Term Business Cycles in Developing Countries

Comin, Diego; Loayza, Norman V.; Servén, Luis; Pasha, … - National Bureau of Economic Research (NBER) - 2009

We build a two country asymmetric DSGE model with two features: (i) endogenous and slow diffusion of technologies from the developed to the developing country, and (ii) adjustment costs to investment flows. We calibrate the model to match the Mexico-U.S. trade and FDI flows. The model is able to...

Persistent link: https://www.econbiz.de/10008628461

The Spatial Diffusion of Technology

Comin, Diego; Rossi-Hansberg, Esteban; Dmitriev, Mikhail - National Bureau of Economic Research (NBER) - 2012

We study empirically technology diffusion across countries and over time. We find significant evidence that technology diffuses slower to locations that are farther away from adoption leaders. This effect is stronger across rich countries and also when measuring distance along the south-north...

Persistent link: https://www.econbiz.de/10010821829

Medium Term Business Cycles

Comin, Diego; Gertler, Mark - National Bureau of Economic Research (NBER) - 2003

Over the postwar, the U.S., Europe and Japan have experienced what may be thought of as medium frequency oscillations between persistent periods of robust growth and persistent periods of relative stagnation. These medium frequency movements, further, appear to bear some relation to the high...

Persistent link: https://www.econbiz.de/10005775064

The NBER-Rensselaer Scientific Papers Database: Form, Nature, and Function

Adams, James; Clemmons, J. Roger - National Bureau of Economic Research (NBER) - 2008

This article is a guide to the NBER-Rensselaer Scientific Papers Database, which includes more than 2.5 million scientific publications and over 21 million citations to those papers. The data cover an important sample of 110 top U.S. universities and 200 top U.S.-based R&D-performing firms...

Persistent link: https://www.econbiz.de/10005575301

Was the Wealth of Nations Determined in 1000 B.C.?

Comin, Diego; Easterly, William; Gong, Erick - National Bureau of Economic Research (NBER) - 2006

We assemble a dataset on technology adoption in 1000 B.C., 0 A.D., and 1500 A.D. for the predecessors to today's nation states. We find that this very old history of technology adoption is surprisingly significant for today's national development outcomes. Although our strongest results are for...

Persistent link: https://www.econbiz.de/10005575665

Science and Industry: Tracing the Flow of Basic Research through Manufacturing and Trade

Adams, James; Clemmons, Roger - National Bureau of Economic Research (NBER) - 2006

This paper describes flows of basic research through the U.S. economy and explores their implications for scientific output at the industry and field level. The time period is the late 20th century. This paper differs from others in its use of measures of science rather than technology. Together...

Persistent link: https://www.econbiz.de/10005088639

The Rise in Firm-Level Volatility: Causes and Consequences

Comin, Diego; PHILIPPON, Thomas - National Bureau of Economic Research (NBER) - 2005

We document that the recent decline in aggregate volatility has been accompanied by a large increase in firm level risk. The negative relationship between firm and aggregate risk seems to be present across industries in the US, and across OECD countries. Firm volatility increases after...

Persistent link: https://www.econbiz.de/10005050347

Scientific Teams and Institution Collaborations: Evidence from U.S. Universities, 1981-1999

Adams, James - National Bureau of Economic Research (NBER) - 2004

This paper explores recent trends in the size of scientific teams and in institutional collaborations. The data derive from 2.4 million scientific papers written in 110 leading U.S. research universities over the period 1981-1999. We measure team size by the number of authors on a scientific...

Persistent link: https://www.econbiz.de/10005050357

Technology, Trade, and Wages

Adams, James - National Bureau of Economic Research (NBER) - 1997

same, not oppo- site effect on wages at both skill levels; a rise in the foreign share in world innovation or US patents … decreases US wages; an increase in the US share in world innovation or US patents raises US wages, especially for the less … skilled; and the stock of world innovation and US patents decreases real wages especially for the less skilled. Turning to the …

Persistent link: https://www.econbiz.de/10005710318

The Growing Allocative Inefficiency of the U.S. Higher Education Sector

Adams, James; Clemmons, J. Roger - National Bureau of Economic Research (NBER) - 2006

This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U.S. schools during 1981-1999. Faculty employment grows at 0.6 percent per year, compared with growth of 4.9 percent in industrial researchers. Productivity growth per researcher is...

Persistent link: https://www.econbiz.de/10005710600