In the decades since 1980, there has been a global trend in which income inequality between countries has decreased while income inequality within countries has increased, and many have attributed the latter to technological innovation.
March 4, 2019
Between 1993 and 2003, Canada’s labor productivity grew at an average rate of 1.6 percent annually. The following decade, average labor productivity growth fell by more than a third to 1.0 percent, with comparable slowdowns occurring in most OECD countries, dampening economic growth globally. A new study examined the influence of ICT use and production on Canada’s labor productivity growth from 1993 to 2014, finding significant declines in ICT investment and ICT-driven growth.
February 25, 2019
A new study has sought to quantify this impact, tracking the availability of drugs released after 1981 that are designed to treat 66 diseases across 27 countries.
February 21, 2019
Proceed With Caution When Considering New, Flawed Study on the Economic Impact of Bonus Depreciation
A new study on the economic impact of bonus depreciation for investment in machinery and equipment has been getting attention because of its conclusion that the incentive is not only wasteful, but harmful. In reality, nothing could be further from the truth.
February 19, 2019
In the decade since the global financial crisis, the Chinese government has moved aggressively to stimulate capital investment that will strengthen its competitive position, both domestically and in global markets.
February 11, 2019
Both EDPS and CPDP have paid a lot of lip service to the importance of ethics. It is time to turn those words into actions and be clear about where it stands on an inappropriate and offensive recent statement by Giovanni Buttarelli.
February 8, 2019
The Green New Deal won’t solve the climate crisis. Until low-carbon energy is cheaper than high-carbon energy for the bulk of the globe’s energy needs, the pace of global emissions will not slow down very much.
February 4, 2019
When skilled workers migrate, it seems obvious that the destination country is gaining at the expense of the origin country, which is losing talent and potential sources of innovation. However, a new study has challenged the idea that migration is zero sum, finding that origin countries actually benefit from skilled workers moving abroad.
February 1, 2019
After some uncertainty over whether the shutdown would force a delay, the DC Circuit Court heard oral arguments Friday morning in what will be at least the fourth major case in the net neutrality saga.
January 28, 2019
Fact of the Week: Former Chinese State-Owned Enterprises Produce More Patents than Current SOEs but Still Lag Private Firms
Recognizing that state-owned enterprises (SOEs) are less profitable and innovative than private firms, China relinquished control of many SOEs beginning in the late 1990s, but still gives former SOEs easier access to loans and favors them in allocating subsidies. A new study analyzed the impacts of this, observing Chinese enterprises’ performance between 1998 and 2013.