A Global Decline in Research Productivity?: Evidence from China and Germany

Philipp Böing; Paul Hünermund

doi:10.1016/j.econlet.2020.109646

A Global Decline in Research Productivity? Evidence from China and Germany

Philipp Böing, Paul Hünermund^*

^*Corresponding author af dette arbejde

Institut for Strategi og Innovation

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstract

In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that diminishing returns in idea production are a global phenomenon, not just confined to the U.S.

Originalsprog	Engelsk
Artikelnummer	109646
Tidsskrift	Economics Letters
Vol/bind	197
Antal sider	4
ISSN	0165-1765
DOI	https://doi.org/10.1016/j.econlet.2020.109646
Status	Udgivet - dec. 2020

Emneord

Productivity
Growth
Innovation
R & D
Technological change

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Citationsformater

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abstract = "In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that diminishing returns in idea production are a global phenomenon, not just confined to the U.S.",

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AU - Böing, Philipp

AU - Hünermund, Paul

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N2 - In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that diminishing returns in idea production are a global phenomenon, not just confined to the U.S.

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KW - Productivity

KW - Growth

KW - Innovation

KW - R & D

KW - Technological change

KW - Productivity

KW - Growth

KW - Innovation

KW - R & D

KW - Technological change

U2 - 10.1016/j.econlet.2020.109646

DO - 10.1016/j.econlet.2020.109646

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