* Please note the different time and place: 12:40-2pm on Wednesdays in Cheit 320 at Haas.
We welcome Alex Whalley from UC Merced as the opening speaker this Wednesday. He’ll be presenting, “Space Race: Technology and Jobs in Cities.”
The spatial concentration of productivity and employment is central to economic geography. Yet, how the location of frontier technology affects the location of jobs is not well studied. In this paper, we examine how the Space Race driven expansion of the high-tech sector affected labor demand in the manufacturing sector. We first use Compustat data from 1954 to 1997 to show that firms receiving Space Race contracts expanded employment, reduced labor intensity, and experienced little change in total factor productivity. Our analysis of MSA-level Manufacturing census data from 1947 to 1997 reveals two further results on the indirect effects of the Space Race. We find that the Space Race reduced employment and wages in firms that do not receive NASA contracts, but are colocated with those that do. We find little positive effect of the Space Race on total factor productivity of colocated firms.
We have a great lineup of speakers for the next two months. The seminar is jointly sponsored by the Fung Institute for Engineering Leadership, the Goldman School of Public Policy, and the Haas School of Business.
Winter 2016 Schedule:
1/27/2016: Alex Whalley, UC Merced, “Space Race: Technology and Jobs in Cities.”
2/3/2016: Ashish Arora, Duke, “Killing the Golden Goose? The Decline of Science in Corporate R&D.”
2/10/2016: Petra Moser, NYU, “Effects of Copyrights on Science: Evidence from the WWII Book Replication Program.”
2/17/2016: Robert Fairlie, UC Santa Cruz,
2/24/2016: Raj Chetty, Stanford: “The Lifecycle of Inventors”.
3/02/2016: Jason Owen-Smith, Michigan: “What do research universities do? How academic discovery creates public value”.
3/09/2016: Tarun Khanna, Harvard.
3/16/2016: Kevin Boudreau: Harvard/LBS.