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Bombs, brains, and science : the role of human and physical capital for the creation of scientific knowledge [pre-print]
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Waldinger, Fabian (2012) Bombs, brains, and science : the role of human and physical capital for the creation of scientific knowledge [pre-print]. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2012 (Number 78).
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Text (Working paper )
WRAP_78.2012_waldinger.pdf - Published Version Download (545Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
This paper analyzes the effects of human capital (HC) and physical capital (PC) for
the productivity of science departments. To address the endogeneity of input choices I
use two extensive but temporary shocks to the HC and PC of science departments. As
HC shock I use the dismissal of mostly Jewish scientists in Nazi Germany. As PC shock I
use the destruction of facilities by Allied bombings during WWII. In the short run, a 10
percent to HC lowered departmental productivity by about 0.21sd. A 10 percent shock
to PC lowered departmental productivity by about 0.05sd in the short run. While the
HC shock persisted until the end of my sample period (1980), departments experiencing
a PC shock recovered very quickly (by 1961). Additional results show that the dismissal
'star scientists' was particularly detrimental, and that a fall in the quality of hires was an
important mechanism for the persistence of the HC shock.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions Q Science > Q Science (General) |
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Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Human capital -- Germany, Scientists -- Germany, Economics -- Mathematical models, Research -- Evaluation, Research -- History | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | March 2012 | ||||
Dates: |
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Volume: | Volume 2012 | ||||
Number: | Number 78 | ||||
Number of Pages: | 55 | ||||
Institution: | University of Warwick | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Date of first compliant deposit: | 1 August 2016 | ||||
Date of first compliant Open Access: | 1 August 2016 | ||||
Version or Related Resource: | Waldinger, Fabian (2011). Bombs, brains, and science : the role of human and physical capital for the creation of scientific knowledge. Invited Speaker : Seminars on Labor Research. Berlin, Germany, 14 Dec 2011. ttp://wrap.warwick.ac.uk/id/eprint/45053 | ||||
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