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Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - 2015

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

Persistent link: https://www.econbiz.de/10014073922

A Theory of Falling Growth and Rising Rents

Aghion, Philippe - 2019

Growth has fallen in the U.S., while firm concentration and profits have risen. Meanwhile, labor's share of national income is down, mostly due to the rising market share of low labor share firms. We propose a theory for these trends in which the driving force is falling firm-level costs of...

Persistent link: https://www.econbiz.de/10012858792

Competition, Innovation and Growth in Transition : Exploring the Interactions between Policies

Aghion, Philippe; Carlin, Wendy; Schaffer, Mark E. - 2002

relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency …

Persistent link: https://www.econbiz.de/10014116729

When does domestic saving matter for economic growth?

Aghion, Philippe; Comin, Diego; Howitt, Peter - 2006

Persistent link: https://www.econbiz.de/10003331757

Education, market rigidities and growth

Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; … - 2007

This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...

Persistent link: https://www.econbiz.de/10003586568

Education, Market Rigidities and Growth

Aghion, Philippe - 2010

This paper investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...

Persistent link: https://www.econbiz.de/10013138191

Education, Market Rigidities and Growth

Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; … - 2021

Persistent link: https://www.econbiz.de/10013316704

Re-evaluating the impact of natural resources on economic growth

Torres, Nuno; Afonso, Oscar - Faculdade de Economia, Universidade do Porto - 2008

In this study we re-evaluate the impact of natural resources on economic growth. The reassessment is based on a growth model where, using panel-data analysis, natural-resource variables (geographically diffused and concentrated) affect the efficiency gains of labour and capital in production. We...

Persistent link: https://www.econbiz.de/10005059460

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

Persistent link: https://www.econbiz.de/10012517949

Competition, innovation, and inclusive growth

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …

Persistent link: https://www.econbiz.de/10012518975