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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28076 |
来源ID | Working Paper 28076 |
Powering Up Productivity: The E\ufb00ects of Electri\ufb01cation on U.S. Manufacturing | |
Martin Fiszbein; Jeanne Lafortune; Ethan G. Lewis; José Tessada | |
发表日期 | 2020-11-16 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We use a rich data set at the city-industry level from 1890 to 1940 to identify the impact of electricity on manufacturing industries. We exploit cross-industry variation in energy use intensity before the arrival of electricity combined with geographic variation in proximity to early hydroelectric power plants. Contrary to the existing narrative, we find that labor productivity gains from electricity measured through this strategy were relatively rapid and long-lasting. Cheaper energy thanks to hydroelectricity is partially responsible but firms also appear to have changed their production process relatively quickly. The source of the impact of electricity on productivity varies with the degree of product market structure: in sector-county pairs where the average firm was initially large, productivity increased without significant expansion in employment, while in markets with relatively small firms, both output and employment increased. |
主题 | Labor Economics ; Labor Supply and Demand ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w28076 |
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/585750 |
推荐引用方式 GB/T 7714 | Martin Fiszbein,Jeanne Lafortune,Ethan G. Lewis,et al. Powering Up Productivity: The E\ufb00ects of Electri\ufb01cation on U.S. Manufacturing. 2020. |
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 | ||
w28076.pdf(2205KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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