000			01123nam a22001577a 4500
999			_c516405 _d516405
008			210224b ||||| |||| 00| 0 eng d
100			_aMyers, Kyle _925263
245			_aThe elasticity of science
260			_aAmerican Economic Journal: Applied Economics
300			_a12(4), Oct, 2020: p.103-134
520			_aThis paper identifies the degree to which scientists are willing to change the direction of their work in exchange for resources. Data from the National Institutes of Health are used to estimate how scientists respond to targeted funding opportunities. Inducing a scientist to change their direction by a small amount—to work on marginally different topics—requires a substantial amount of funding in expectation. The switching costs of science are large. The productivity of grants is also estimated, and it appears the additional costs of targeted research may be more than offset by more productive scientists pursuing these grants. – Reproduced
650			_aScientists, _925264
773			_aAmerican Economic Journal: Applied Economics
906			_aSCIENCE AND TECHNOLOGY
942			_cAR