Articles tagged with Economic Growth
Researchers at Queensland University of Technology are investigating innovation systems to guide businesses and stimulate economic growth. The project aims to develop a theory of innovation systems to analyse which processes are most beneficial for organisations.
A new report by Daniel Herbst and Alexandre Mas found that lab-based estimates of the spillover effect, how one worker's productivity impacts another's, are similar to field results. The study analyzed more than 30 lab and field studies across various occupations and continents, suggesting that insights from lab experiments can be gene...
A new study published in Administrative Science Quarterly finds that neutral language can build trust among divisive groups and stimulate economic growth. Using data on Kenya's Nairobi Securities Exchange, researchers identified mechanisms driving social segmentation and integration of disparate groups.
The US National Science Foundation is launching the Exploring Innovation Frontiers Initiative (EIFI) to identify emerging models of technological innovation that will propel US competitiveness in the coming decades. The two-year initiative aims to explore innovation strategies, tap into the nation's innovation capacity, and nurture new...
A new study by Michigan State University economists suggests that public deliberation is crucial for stable economic growth. By considering diverse citizen opinions, policymakers can create policies that regulate the economy and allocate resources effectively.
The university will receive $499,959 to build the I-20 Corridor Maker's Innovation Network, integrating maker-spaces, entrepreneurship, and business development across the region. The initiative aims to generate new business ventures and economic activity, particularly in small-scale manufacturing.
Researchers recommend supporting entrepreneurship, infrastructure development and diaspora engagement to help Somalia's economy grow. The US government is urged to provide venture capital, improve relations between returnees and locals, and invest in roads, health clinics, and water sanitation systems.
A new study suggests that the social cost of carbon is not $37 per ton as previously estimated, but $220 per ton. This higher estimate justifies rapid and early mitigation efforts to limit global temperature rise to 2 degrees Celsius. The research also explores the impact on developing countries, suggesting that delaying emissions redu...
A new study by Stanford University School of Engineering suggests the social cost of carbon dioxide emissions could be six times higher than previously estimated. The researchers estimated that the actual cost could be $220, which justifies rapid and early mitigation measures to limit global temperature rise.
A new MIT study reveals that industrial clusters across various industries drive economic growth by fostering job creation, innovation, and the formation of new industries. The research suggests that regions can improve their economic performance by investing in and extending their comparative advantage rather than chasing global hotsp...
Australian average incomes have been declining over the past decade, with a recent study revealing a per capita drop of $250 over ten quarters. The economy's growth is largely driven by population expansion, but investment earnings are flowing out to overseas investors, exacerbating the issue.
The Lindau Meeting on Economic Sciences brings together Nobel laureates and young economists to discuss the scope of incentives, innovation, and growth. The meeting will explore how to encourage mass flourishing and dynamism in economics.
A new study by Chinese and American conservation biologists quantifies China's recent economic growth on its coastal ecosystems. The research shows that after reforms declared in 1978, many human economic activities with deleterious environmental impacts increased markedly.
New research reveals that developed regions in China contribute to water depletion in other water-scarce regions through imports of food and water-intensive goods. This study accounts for water scarcity using the concept of virtual water, tracking water flows through trade and agricultural products.
Clemson professor Rajendra Singh is recognized for his efforts to expand solar deployment across the US, driving policy changes and creating jobs in the industry. He has played a key role in increasing new solar installations, enough to power over 2.2 million American homes.
A new study published in the Journal of Bone and Joint Surgery found that economic downturns did not significantly impact the growth trends for hip and knee arthroplasty in the US. The study's results support previous projections, indicating a recession-proof demand for total joint replacement through at least 2021.
A large study of child growth patterns in 36 developing countries found that economic growth is at best associated with small declines in stunting, underweight, and wasting. Targeted nutrition-related interventions are crucial to tackle child undernutrition worldwide.
A large study of child growth patterns in 36 developing countries found that economic growth was associated with small or no declines in stunting, underweight, and wasting. Improvements in public services such as vaccinations and clean water may also lag behind growth in incomes.
A Harvard study suggests that pessimistic early global policy architects stunted developing nations' economies by rejecting innovation and entrepreneurialism. The study recommends prioritizing innovation, building technical capacity, and emphasizing entrepreneurs and risk-taking in emerging countries to drive growth.
Robert Gordon's research focuses on the causes of long-term unemployment and declining labor-force participation, with implications for future economic growth. He will critically evaluate the impact of technological progress on employment and consider policy strategies to mitigate its effects.
A new study found that counties where Wal-Mart built stores experienced a less significant drop in crime rates compared to other counties. The study, which analyzed data from over 3,000 US counties, suggests that the retailer's presence may even contribute to higher crime rates in areas with existing social issues.
A recent study found that community-focused agriculture has a measurable effect on economic growth in certain US regions. For every $1 increase in agricultural sales, personal income rose by 22 cents over five years.
In response to economic downturns, large chemical firms are reorganizing by acquiring specialty companies with high market potential. DuPont's Danisco acquisition and Dow's Rohm and Haas purchase have proven successful in shedding underperforming businesses.
A CU-led study suggests that attracting and retaining highly skilled foreign Ph.D. students can revitalize innovation and economic growth in the US. The researchers found that increased student diversity boosts innovative research and that high-performing foreign-born Ph.D. students improve the creation of knowledge in US universities.
A new report highlights 100 companies created from federally funded university research, driving innovation and job creation. The companies' success is attributed to the nurturing ecosystem of research universities, providing access to essential tools like technology transfer offices and business incubators.
Scientists warn that shale oil and gas production in the US is not sustainable due to declining energy returns on investment (EROI) and high costs. Despite tripling of prices, global fossil-fuel production has stagnated or declined, making it unlikely for the US to become a net oil exporter.
The study will focus on three leading Philadelphia arts organizations: the Chamber Orchestra of Philadelphia, Opera Philadelphia, and the Pennsylvania Ballet. The research aims to understand how these organizations cope with changing landscapes and explore best practices for other institutions.
A University of Wisconsin-Madison team developed a model to forecast the impact of future policies on urban development and agricultural cultivation on aquatic ecosystems. The study found that crop cover is projected to decrease in some regions, while urbanization may exacerbate biodiversity loss in others.
Healthcare spending in the US is projected to grow at an average annual rate of 5.8% from 2012 to 2022, with increased growth expected after 2013 due to expanded health coverage and faster economic growth. The Affordable Care Act is expected to influence this growth, with Medicaid enrollment increasing by 8.7 million people in 2014.
The American Chemical Society's symposium on innovation and entrepreneurship emphasizes the shift from large companies to smaller entrepreneurs and startups in transforming ideas into goods and services. The ACS Entrepreneurial Initiative provides training, resources, and support for budding entrepreneurs in the chemical sciences to fo...
Scientists from Wildlife Conservation Society examine implications of economic development and climate change on conserving Myanmar's biodiversity. Recommendations include strengthening protected area systems and ecosystem-based adaptation strategies to protect unique biodiversity.
A new study by Stanford University researchers concludes that the demand for oil will reach its peak and decline due to economic growth limitations and increasing use of alternative fuels. Historically, there is a connection between economic growth and oil consumption breaking down, leading to more efficient alternatives.
A recent study by University of Missouri anthropologist Mary Shenk found that economic changes, such as higher education and employment, are the primary drivers of declining fertility rates. This shift is attributed to improved living standards and increased access to contraception, resulting in reduced family size and slowing populati...
A study found that emotional words in books decreased over the past century, except for fear which increased. American and British English diverged since the 1960s, with American English becoming more 'emotional' than British English.
A new report investigates UK economic challenges and proposes initiatives to kick-start growth, focusing on education, business, and innovation. The report explores unconventional approaches to issues such as unemployment, management practices, and globalization.
A new study links vector-borne diseases to economic development across the globe, finding that these diseases have a substantial effect on income between tropical and temperate countries. The study's results suggest that infectious diseases can undermine economic growth similarly to crime or government corruption.
The study found that 30% of Chinese urban households own credit cards, with a growth rate of 40% per year between 2004 and 2009. However, most non-card holders are unaware of safety issues and have little knowledge of credit card consequences.
A recent economic recession has led to a significant increase in entrepreneurship, particularly among necessity-driven ventures. Research suggests that the number of Americans engaging in self-employment rose significantly during this period, with notable increases in rural entrepreneurship levels and African American participation.
The slowest-growing metro areas in the US had lower unemployment rates and higher income levels compared to the fastest-growing areas. They averaged $8,455 more per capita in personal income in 2009.
The UK space sector has demonstrated remarkable growth, contributing £9.1 billion to the economy in 2010/11, with an average annual growth rate of 7.5%. The sector's continued success reflects strategic investment in technological innovations and a highly skilled workforce.
The UK Space Agency has launched its Civil Space Strategy, aiming to capture 10% of the global space market by 2030. The strategy focuses on creating new opportunities for industry, bolstering the role of space in the UK's infrastructure, and furthering national space technology.
A study by economist Richard Easterlin reveals that Chinese people are less happy overall than they were two decades ago, despite unprecedented economic growth. Life satisfaction among the poorest Chinese has fallen dramatically, reflecting rising unemployment and deteriorating social safety nets.
A study analyzing data from 30 Chinese provinces found that energy consumption has a greater impact on output than labor, while pollution has little effect. China must implement effective environmental regulations to reduce pollution and energy consumption and bind economic growth with environmental protection.
Economists create new framework for examining developing economies by analyzing Thai villages. Preliminary findings show highly integrated capital markets across villages, with households relying on informal borrowing and gifts to finance opportunities.
The UK Space Agency has granted nearly £6 million to support four major research and development consortium projects led by Astrium Ltd, Avanti Communications Ltd, DMC International Imaging Ltd, and Surrey Satellite Technology Ltd. The projects focus on developing commercial products and services using space technology and data.
A study by Columbia University's Mailman School of Public Health found a significant link between economic conditions and suicide rates in NYC. The monthly suicide rate was 29% higher at the economic low point in 1992 than at the peak in 2000, with white men under 45 being the most affected.
A new policy report from Rice University's Baker Institute warns that India's economic slowdown is due to its failure to implement necessary reforms. The report highlights the need for fiscal discipline, tax reform, governance initiatives, and other measures to boost growth.
A new study from Rice University and the University of Colorado found that economic growth in developing nations can lead to increased obesity among lower socio-economic status individuals. This is attributed to different cultural values and norms, with being large considered a status symbol in developing countries.
Organic aerosol is a significant fraction of fine particles in Beijing, with key role in air pollution. Recent study characterizes winter organic aerosols using high-resolution measurements, revealing prominent accumulation mode and photochemical characteristics.
The ICTP South American Institute for Fundamental Research (ICTP-SAIFR) will focus on areas like gravitation, particle physics, and field theory. The center will host visiting researchers, organize schools and workshops for PhD students, and hire permanent professors to promote scientific excellence in South America.
A commentary in Nature suggests that the economic pain of a flattening oil supply will trump environmental concerns, with production hitting a wall around 2005. Stagnant oil supplies and volatile prices take a toll on the world economy, with oil production decline expected to continue.
Global carbon dioxide emissions increased by 5.9% in 2010, with contributions from China, USA, India, and the European Union. The recovery was short-lived as strong emissions growth resumed in developed economies.
A new mathematical model developed by an international research group can predict the stability of European nations and identify regions more likely to break up. The model considers demographic, economic, cultural, and genetic factors, showing a correlation between population genetics and cultural distance.
A study reveals that universities in the south-east of England outperform those in less competitive regions in commercializing their research. Key findings show that these universities have a high concentration of innovative firms and Research and Development institutions, facilitating collaboration and knowledge transfer.
EU companies expect global R&D investments to grow by 5% annually, with a significant focus on emerging economies like China and India. Innovation is seen as key to commercial success and job creation, with 27% of annual sales coming from innovative products introduced in the past three years.
A study by Penn State economists found that locally owned small businesses generate higher incomes for community members and provide long-term economic growth. In contrast, large, nonlocal firms can depress local economies. The researchers analyzed data from 2,953 US counties to support their findings.
A University of Minnesota study found that chance consistently pushes wealth into the hands of a few individuals, leading to dramatic concentration of wealth over time. The researchers' model, published in PLOS ONE, suggests that high variation among individual return rates accelerates wealth concentration.
A new theory by Adrian Bejan, known as the constructal law, predicts the prevalence of S-curves in various fields, including biology, chemistry, and economics. The S-curve pattern is a natural design for flow systems to facilitate access, reducing friction or resistance.
A Yale University study found that microloans in the Philippines led to fewer businesses and lower self-reported well-being among recipients, contrary to initial expectations. However, the practice did provide a buffer against income fluctuations and increased access to informal credit.
The UNEP report highlights the need to decouple economic growth from resource consumption to achieve a sustainable future. Experts warn that current trends could lead to unprecedented levels of resource consumption by 2050, posing an existential risk to the planet.