The productivity crisis in pharmaceutical R&D

F Pammolli, L Magazzini, M Riccaboni - Nature reviews Drug discovery, 2011 - nature.com
Advances in the understanding of the molecular basis of diseases have expanded the
number of plausible therapeutic targets for the development of innovative agents in recent …

Power laws in economics and finance

X Gabaix - Annu. Rev. Econ., 2009 - annualreviews.org
A power law (PL) is the form taken by a large number of surprising empirical regularities in
economics and finance. This review surveys well-documented empirical PLs regarding …

Social connectedness: Measurement, determinants, and effects

M Bailey, R Cao, T Kuchler, J Stroebel… - Journal of Economic …, 2018 - aeaweb.org
Social networks can shape many aspects of social and economic activity: migration and
trade, job-seeking, innovation, consumer preferences and sentiment, public health, social …

[图书][B] Artificial intelligence and economic growth

P Aghion, BF Jones, CI Jones - 2017 - degruyter.com
This chapter considers the implications of artificial intelligence for economic growth. Artificial
intelligence (AI) can be defined as “the capability of a machine to imitate intelligent human …

Are ideas getting harder to find?

N Bloom, CI Jones, J Van Reenen… - American Economic …, 2020 - aeaweb.org
Long-run growth in many models is the product of two terms: the effective number of
researchers and their research productivity. We present evidence from various industries …

On the role of domestic trade flows for estimating the gravity model of trade

YV Yotov - Contemporary Economic Policy, 2022 - Wiley Online Library
The gravity equation is the workhorse model of trade. Despite solid theoretical foundations
and clear gains from theory‐consistent policy analysis, there are still gaps between gravity …

Ten facts on declining business dynamism and lessons from endogenous growth theory

U Akcigit, ST Ates - American Economic Journal: Macroeconomics, 2021 - aeaweb.org
In this paper, we review the literature on declining business dynamism and its implications in
the United States and propose a unifying theory to analyze the symptoms and the potential …

Green development growth momentum under carbon neutrality scenario

B Wan, L Tian, M Fu, G Zhang - Journal of Cleaner Production, 2021 - Elsevier
With the general recognition of the awareness of carbon neutrality, economic development
growth momentum for carbon neutrality scenario has become research focus. This paper …

The facts of economic growth

CI Jones - Handbook of macroeconomics, 2016 - Elsevier
Why are people in the richest countries of the world so much richer today than 100 years
ago? And why are some countries so much richer than others? Questions such as these …

Growth through heterogeneous innovations

U Akcigit, WR Kerr - Journal of Political Economy, 2018 - journals.uchicago.edu
We build a tractable growth model in which multiproduct incumbents invest in internal
innovations to improve their existing products, while new entrants and incumbents invest in …