A global decline in research productivity? Evidence from China and Germany

Philipp Böing and Paul Hünermund
Authors registered in the RePEc Author Service: Philipp Boeing

No 20-030, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

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.

Keywords: Productivity; Growth; Innovation; R&D; Technological Change (search for similar items in EconPapers)
JEL-codes: D24 E23 O31 O47 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-cna, nep-eff, nep-ino, nep-mac and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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Journal Article: A global decline in research productivity? Evidence from China and Germany (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:20030

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