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

Philipp Böing, Paul Hünermund

Research output: Working paperResearch

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.
Original languageEnglish
Place of PublicationMannheim
PublisherZEW
Number of pages8
Publication statusPublished - Jul 2020
Externally publishedYes
SeriesZEW Discussion Papers
Number20-030

Keywords

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

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