Reposted by Fabian Gaessler
Forthcoming in AEJ: Applied Economics: "The Returns to Physical Capital in Knowledge Production: Evidence from Lab Disasters" by Stefano Baruffaldi and Fabian Gaessler. www.aeaweb.org/articles?id=...
aeaweb.org
The Returns to Physical Capital in Knowledge Production: Evidence from Lab Disasters
(Forthcoming Article) - We investigate the nature and relevance of physical capital in
knowledge production. Exploiting adverse events in research laboratories,
we find that scientists experience a pe...
