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William J. Baumol
Researcher at New York University
Publications - 460
Citations - 51059
William J. Baumol is an academic researcher from New York University. The author has contributed to research in topics: Entrepreneurship & Productivity. The author has an hindex of 85, co-authored 460 publications receiving 49603 citations. Previous affiliations of William J. Baumol include University of Birmingham & Princeton University.
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Entrepreneurship: Productive, Unproductive, and Destructive
TL;DR: In this article, historical evidence from ancient Rome, early China, and the Middle Ages and Renaissance in Europe is used to investigate the hypotheses that, while the total supply of entrepreneurs varies among societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities and largely unproductive activities such as rent seeking or organized crime.
Book
Contestable Markets and the Theory of Industry Structure
TL;DR: In this article, the authors present a cost minimization model for a multi-product competitive industry in perfectly contestable markets, where the single product case is considered and the multiproduct case is assumed to be monopoly equilibrium.
Posted Content
Productivity Growth, Convergence and Welfare: What the Long Run Data Show
TL;DR: Maddison's 1870-1979 data are analyzed, showing the historically unprecedented growth in productivity, GDP per capita and exports and the remarkable convergence of productivities of industrialized market economies, with convergence apparently shared by planned economies but not less developed countries as discussed by the authors.
Posted Content
Productivity Growth, Convergence, and Welfare: What the Long-Run Data Show
TL;DR: Maddison's 1870-1979 data are analyzed, showing the historically unprecedented growth in productivity, gross domestic product per capita and exports and the remarkable convergence of productivities of industrialized market economies, with convergence apparently shared by planned economies but not less developed countries.
Posted Content
The Theory of Environmental Policy
TL;DR: In this article, Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy and present a formal, theoretical treatment of those factors influencing the quality of life.