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Various factors influence why some countries are more open to immigration than others. Policy is only one of them. We design country-specific measures of openness to immigration…
Technological know-how in a country shapes its growth potential and competitiveness. Scientific publications, patents, and international trade data offer complementary insights…
Recent geopolitical challenges have revived the implementation of industrial and innovation policies. Ongoing discussions focus on supporting cutting-edge industries and strategic…
Wyoming is facing two distinct labor market challenges: in the short-term, low workforce availability is a constraint while in the long-term job and wage growth have stagnated. An…
Economic development is a path-dependent process in which countries accumulate capabilities that allow them to move into more complex products and industries. Inspired by a theory…
This paper examines Japan’s economic performance in recent years, uncovering a narrative that challenges conventional views. Despite slow productivity growth, Japan maintains the…
In today’s increasingly interconnected global economy, place-based development strategy must be strategic towards leveraging global economic opportunities. Riccardo Crescenzi and…
We build on Baqaee and Farhi (2019, 2021) and derive a theoretically-grounded criterion that allows targeting bans on exports to a sanctioned country at the level of ~5000 6-digit…
Industrial policy has for a long time raised difficult questions for policymakers to unpick. What justifications are there for government intervention in market mechanisms, and…
Vol. 135, Pages 103557
How does return migration from the US to Mexico affect local workers? Return migrants increase the local labor supply, potentially hurting local workers. However, having been…