This article presents lessons from the rich adoption literature for the nascent research on
adaptation. Individuals' adoption choices are affected by profit and risk considerations and …

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We explore how changes in ownership affect the productivity and profitability of producers.
Using detailed data from the Japanese cotton spinning industry at the turn of the last century …

This paper studies the business-cycle dynamics of secondary markets for physical capital
and their effects on the macroeconomy. In the data, both capital reallocation and the price of …

I develop an aggregative model of an economy's production function that links the level and
distribution of automation technology at the micro-(firm-) level to macro features including …

This study examines the impact that pharmaceutical innovation, which accounts for most
private biomedical research expenditure, has had on longevity. We perform two types of two …

Background We analyzed the role that the launch of new drugs has played in reducing the
number of years of life lost (YLL) before three different ages (85, 70 and 55 y) due to 66 …

This article argues that accounting for capital-embodied technology greatly increases the
importance of capital in explaining cross-country differences in agricultural labor …

当前, 中国正在尝试转换经济增长动力机制, 宏观经济政策的发力点尝试从需求侧转向供给侧.
这表明政府开始关注长期经济增长的根本动力问题. 作者尝试从演化增长的视角深入剖析经济 …

The paper focuses on modeling of public health measures to control the COVID‐19
pandemic. The authors suggest a flexible integral model with distributed lags, which …