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The costs and benefits of leaving the EU : trade effects

Dhingra, Swati; Huang, Hanwei; Ottaviano, Gianmarco I. P.; … - 2017

Persistent link: https://www.econbiz.de/10011668665

The impact of regulation on innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

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Firms and inequality

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Technology, information and the decentralization of the firm

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The Impact of Regulation on Innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Persistent link: https://www.econbiz.de/10013248072

The organization of firms across countries

Bloom, Nicholas (contributor); Sadun, Raffaella (contributor) - 2009

We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...