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

Philipp Böing, Paul Hünermund

Publikation: Working paperForskning

Abstrakt

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.
OriginalsprogEngelsk
UdgivelsesstedMannheim
UdgiverZEW
Antal sider8
StatusUdgivet - jul. 2020
Udgivet eksterntJa
NavnZEW Discussion Papers
Nummer20-030

Emneord

  • Productivity
  • Growth
  • Innovation
  • R&D
  • Technological change

Citationsformater