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Theoretical Economics Paper
Firm-Specific Training

Leonardo Felli and Christopher Harris

This paper introduces two complementary models of firm-specific training: an informational model and a productivity-enhancement model. In both models, market provision of firm-specific training is inefficient. However, t...Read more...

April 2004

Economics of Industry Paper
Research Productivity and Patent Quality: Measurement with Multiple Indicators

Jean O. Lanjouw and Mark Schankerman

We analyse the determinants of the decline in measured research productivity (the patent/R&D ratio)using panel data on manufacturing firms in the U.S. for the period 1980-93. We focus on three factors: the level of deman...Read more...

December 2002

Development Economics Paper
Land Distribution, Incentives and the Choice of Production Techniques in Nicaragua

Oriana Bandiera

Does the distribution of land rights affect the choice of contractible techniques? I present evidence suggesting that Nicaraguan farmers are more likely to grow effort-intensive crops on owned rather than on rented plots...Read more...

April 2002

CASEpaper
United Kingdom Education 1997-2001

Howard Glennerster

This paper reviews the achievements of the Labour Government's education policy between 1997 and 2001. Tony Blair claimed that his Government would make education a priority. The first part of the paper reviews the scale...Read more...

November 2001

Economics of Industry Paper
Optimal Patent Renewals

Francesca Cornelli and Mark Schankerman

When firms have different R&D productivities, it may be welfare increasing to differentiate patent lives across inventions. The reason is that the uniform patent life provides excessive incentives to do R&D to the low pr...Read more...

January 1996

Economics of Industry Paper
The Size Distribution of Businesses, Part II

John Sutton

This paper specifies and estimates a production function for the airline industry, identifying firms? network characteristics and efficiency as the main determinants of their productivity. The application of this analysi...Read more...

December 1995

Economics of Industry Paper
Productivity Differences in the Airline Industry: Partial Deregulation Versus Short-Run Protection

Pedro L Marin

The paper specifies and estimates a production function for the airline industry, identifying firms' network characteristics and efficiency as the main determinants of their productivity. The application of this analysis...Read more...

December 1995