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Carlino, Gerald A.; Kerr, William R. - 2015

Persistent link: https://www.econbiz.de/10011410123

Growth Through Heterogeneous Innovations

Akcigit, Ufuk; Kerr, William R. - Census Bureau, Department of Commerce - 2012

framework that contains multiple innovation sizes, multiproduct firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …

Persistent link: https://www.econbiz.de/10010553118

Agglomerative Forces and Cluster Shapes

Kerr, William R.; Kominers, Scott Duke - Census Bureau, Department of Commerce - 2012

We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions yield agglomeration clusters...

Persistent link: https://www.econbiz.de/10010553120

ENTREPRENEURSHIP AND URBAN GROWTH:AN EMPIRICAL ASSESSMENT WITH HISTORICAL MINES

Glaeser, Edward L.; Kerr, Sari Pekkala; Kerr, William R. - Census Bureau, Department of Commerce - 2013

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

Persistent link: https://www.econbiz.de/10010859538

Mirage on the horizon : geoengineering and carbon taxation without commitment

Acemoglu, Daron; Rafey, Will - 2018

We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...

Persistent link: https://www.econbiz.de/10011820231

Can't we all be more like Scandinavians? : asymmetric growth and institutions in an interdependent world

Acemoglu, Daron; Robinson, James A.; Verdier, Thierry - 2012

Persistent link: https://www.econbiz.de/10009621845

Financing innovation

Kerr, William R.; Nanda, Ramana - 2015

Persistent link: https://www.econbiz.de/10011410124

INNOVATION, REALLOCATION AND GROWTH

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Census Bureau, Department of Commerce - 2013

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

Persistent link: https://www.econbiz.de/10010643262

Innovation by Entrants and Incumbents

Acemoglu, Daron - 2010

We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more “radical” innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both...

Persistent link: https://www.econbiz.de/10013137809

Experimentation, Patents, and Innovation

Acemoglu, Daron - 2015

This paper studies a simple model of experimentation and innovation. Our analysis suggests that patents may improve the … project to implement. A successful innovation can be copied by other firms. Symmetric equilibria (where actions do not depend … equilibria). In contrast to patents, subsidies to experimentation, research, or innovation cannot typically achieve this …

Persistent link: https://www.econbiz.de/10012707491