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Engines of Growth: Manufacturing Industries in the U.S. Economy

Reports
This study assesses the widely-held belief that manufacturing industries are uniquely important to the process of national economic growth. The study’s related purpose is to describe structural changes in the U.S. manufacturing sector and the organization of U.S. manufacturing firms that are helping to determine the pace of economic growth and the creation of economic opportunity. Taken together,...

Patterns of Advanced Technology Adoption and Manufacturing Performance: An Overview

Reports
This report on technology adoption patterns and performance characteristics in a sample of several thousand U.S. manufacturing plants sheds new light on the ways in which technology is associated with growth. The report summarizes a more detailed study to be released later that finds patterns of technology adoption to be enormously diverse. Nonetheless, dispersion of advanced technologies appears...

Re-Examining the Cost-Effectiveness of the Research and Experimentation Tax Credit

Reports
This paper evaluates several well-known empirical studies of the cost-effectiveness of the research and experimentation (R&E) tax credit. Studies of the credit's effect during 1981-1985 generally find weak evidence of cost-effectiveness. However, more recent studies focusing on a longer period conclude that the tax credit has induced an increase in R&E spending by an amount that is significantly...

The U.S. Telecommunications Services Industry: Assessing Competitive Advantage

Reports
Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a number of important ways: they increase their employment more rapidly, they pay higher wages and they are...

Trade, Technology and Plant Performance

Reports
Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a number of important ways: they increase their employment more rapidly, they pay higher wages and they are...

Streamlining Permitting and Reducing Regulatory Burdens For Domestic Manufacturing

Reports
Excerpt from report introduction: Federal regulations impose enormous costs on America’s businesses and working families. These costs burden virtually every sector of our economy, although the manufacturing sector is disproportionately hard hit. The direct costs on manufacturing companies were estimated by the National Association of Manufacturers (NAM) to be $138.6 billion as of 2014, though this...