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Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - Centre for Economic Performance, LSE - 2012

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

Persistent link: https://www.econbiz.de/10010945141

Optimal Capital Versus Labor Taxation with Innovation-Led Growth

Aghion, Philippe; Akcigit, Ufuk; Fernandez-Villaverde, Jesus - Department of Economics, University of Pennsylvania - 2013

innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …

Persistent link: https://www.econbiz.de/10010822886

Innovation and Institutional Ownership

Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Centre for Economic Performance, LSE - 2009

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

Persistent link: https://www.econbiz.de/10005670440

Innovation, Reallocation and Growth

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, LSE - 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/10010655943

Ricardo Meets China, India and U.S. Three Hundred Years Later

Shachmurove, Yochanan; Spiegel, Uriel - Department of Economics, University of Pennsylvania - 2009

As our trading world becomes more globalized, who benefits and who gets hurt? This paper relies on the Ricardian model to explore the effects of technological improvements in underdeveloped countries on the welfare of developed countries. For example, trading between the United States and China,...

Persistent link: https://www.econbiz.de/10005126674

Technological Improvements and Comparative Advantage Reconsidered

Shachmurove, Yochanan; Spiegel, Uriel - Department of Economics, University of Pennsylvania - 2006

Given a world consisting of two countries, two commodities, and two consumers, this paper analyzes the potential effects of the current global trend of shifting world productions with regards to consumer goods. When technological improvements occur in a developing country, would terms of trade...

Persistent link: https://www.econbiz.de/10005102113

Are All Technological Improvements Beneficial? Absolutely Not

Shachmurove, Yochanan; Spiegel, Uriel - Department of Economics, University of Pennsylvania - 2013

This paper shows, using a simple model, that wasteful innovations may result in a loss-loss situation where no country experiences an increase in welfare. If some countries introduce innovations that result in harmful effects on other countries, it may cause the adversely affected countries to...

Persistent link: https://www.econbiz.de/10010822882

Globalisation, ICT and the Nitty Gritty of Plant Level Datasets

Martin, Ralf - Centre for Economic Performance, LSE - 2004

The net entry contribution to aggregate productivity growth has increased dramatically in the UK over 1990saccording to calculations based on data from the Annual Respondents Database (ARD). Some recent studieshave tried to link this to other structural changes over the same period such as...

Persistent link: https://www.econbiz.de/10005150982

Young, Restless and Creative: Openness to Disruption and Creative Innovations

Acemoglu, Daron; Akcigit, Ufuk; Celik, Murat Alp - Department of Economics, University of Pennsylvania - 2014

the choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted …. Our measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity …

Persistent link: https://www.econbiz.de/10010737405

Innovation, Reallocation and Growth

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Department of Economics, University of Pennsylvania - 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/10010822929