Andrei Stoica
@andreistoica
Andrei Stoica
@andreistoica
Relatively flat US output growth versus rising numbers of US researchers is often interpreted as evidence that “ideas are getting harder to find.” We build a new 46-year panel tracking the universe of U.S. firms’ patenting to investigate the micro underpinnings of this claim, separately examining the relationships between research inputs and ideas... See more
Using a novel firm-level dataset...covering 70 years (1950-2020), I estimate the impact of the decline in public R&D in the US on long-run productivity growth. I use two instrumental variable strategies...to estimate the impact of... See more