| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22953 |
| 来源ID | Working Paper 22953 |
| How Destructive is Innovation? | |
| Daniel Garcia-Macia; Chang-Tai Hsieh; Peter J. Klenow | |
| 发表日期 | 2016-12-19 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | Entrants and incumbents can create new products and displace the products of competitors. Incumbents can also improve their existing products. How much of aggregate productivity growth occurs through each of these channels? Using data from the U.S. Longitudinal Business Database on all nonfarm private businesses from 1983 to 2013, we arrive at three main conclusions: First, most growth appears to come from incumbents. We infer this from the modest employment share of entering firms (defined as those less than 5 years old). Second, most growth seems to occur through improvements of existing varieties rather than creation of brand new varieties. Third, own-product improvements by incumbents appear to be more important than creative destruction. We infer this because the distribution of job creation and destruction has thinner tails than implied by a model with a dominant role for creative destruction. |
| 主题 | Macroeconomics ; Consumption and Investment ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity ; Country Studies |
| URL | https://www.nber.org/papers/w22953 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580626 |
| 推荐引用方式 GB/T 7714 | Daniel Garcia-Macia,Chang-Tai Hsieh,Peter J. Klenow. How Destructive is Innovation?. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22953.pdf（500KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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