This paper considers the relationship between aggregate productivity and stock and flow government-spending variables. The empirical results indicate that (i) the nonmilitary public capital stock is dramatically more important in determining productivity than is either the flow of nonmilitary

The basic hypothesis is that, while the total supply of entrepreneurs varies anlong societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities such as innovation and largely unproductive

Much of the theory in personnel economics relates to effects of monetary incentives on output, but the theory was untested because appropriate data were unavailable. A new data set for the Safelite Glass Corporation tests the predictions that average productivity will rise, the firm will attract a

A factor graph is a bipartite graph that expresses how a "global" function of many variables factors into a product of "local" functions. Factor graphs subsume many other graphical models including Bayesian networks, Markov random fields, and Tanner graphs. Following one simple

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This is a visionary book written by a man on a mission. It articulates one possible answer to the question of what might come after the proprietary-based knowledge-based economy that currently exists in advanced countries. Benkler is professor of law at Yale Law School and one of the most ardent

are predictable only when the control schema can be made explicit. On the production side, the model is con-cerned with the generation of recall and summarization protocols. This process is partly reproductive and partly constructive, involving the inverse operation of the macro-operators. The model is applied

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inter-firm reallocations towards more productive firms. These phenomena have been empirically documented but can not be explained by current general equilibrium trade models, because they rely on a representative firm framework. The paper also shows how the aggregate industry productivity growth

The Internet presents numerous sources of useful information---telephone directories, product catalogs, stock quotes, weather forecasts, etc. Recently, many systems have been built that automatically gather and manipulate such information on a user's behalf. However, these resources