Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/64050 
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dc.contributor.authorAizenman, Joshuaen
dc.contributor.authorNoy, Ilanen
dc.date.accessioned2009-07-14-
dc.date.accessioned2012-09-21T11:54:27Z-
dc.date.available2012-09-21T11:54:27Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/64050-
dc.description.abstractThis paper studies the impact of global factors on patterns of basic research across countries and time. We rely on the records of major scientific awards, and on data dealing with global economic and historical trends. Specifically, we investigate the degree to which scale or threshold effects account for countries share of major prizes [Nobel, Fields, Kyoto and Wolf]. We construct a stylized model, predicting that lagged relative GDP of a country relative to the GDP of all countries engaging in basic research is an important explanatory variable of country's share of prizes. Scale effects imply that the association between the GDP share of a country and its prize share tends to be logistic - above a threshold, there is a take off” range, where the prize share increases at an accelerating rate with the relative GDP share of the country, until it reaches maturity” stage. Our empirical analysis confirms the importance of lagged relative GDP in accounting for countries' prize shares, and the presence of winner takes all scale effect benefiting the leader. Using measures of casualties during the wars, we find that the only significant effect can be found for a lag of 3 decades, i.e., deaths in the war negatively impact the viability of basic research about 30 years after the fact. With more recent data, we document the growing importance of countries that used to be at the periphery of global research, possibly advancing towards the take off stage.en
dc.language.isoengen
dc.publisher|aUniversity of California, Santa Cruz Institute for International Economics (SCIIE) |cSanta Cruz, CAen
dc.relation.ispartofseries|aWorking Paper |x06-03en
dc.subject.jelF15en
dc.subject.jelF21en
dc.subject.jelO3en
dc.subject.jelN4en
dc.subject.ddc330en
dc.subject.keywordglobal economic trendsen
dc.subject.keywordbasic researchen
dc.subject.keywordWorld War I and IIen
dc.subject.keywordhuman capitalen
dc.subject.keywordwinner takes allen
dc.subject.stwPreisverleihungen
dc.subject.stwGrundlagenforschungen
dc.subject.stwHumankapitalen
dc.subject.stwSozialprodukten
dc.subject.stwWelten
dc.titlePrizes for basic research - Human capital, economic might and the shadow of history-
dc.typeWorking Paperen
dc.identifier.ppn604625944en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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