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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

Intellectual property rights policy, competition and innovation

Acemoglu, Daron; Akcigit, Ufuk - In: Journal of the European Economic Association 10 (2012) 1, pp. 1-42

Persistent link: https://www.econbiz.de/10009491299

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

Localized and Biased Technologies : Atrkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change

Acemoglu, Daron - 2015

. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …

Persistent link: https://www.econbiz.de/10013033817

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

Acemoglu, Daron; Akcigit, Ufuk; Çelik, Murat Alp - 2015

the choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted …-country evidence consistent with this pattern. Our measures of creative innovations proxy for innovation quality (average number of …

Persistent link: https://www.econbiz.de/10014037649

Competing Engines of Growth : Innovation and Standardization

Acemoglu, Daron; Gancia, Gino Alessandro; Zilibotti, … - 2014

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

Persistent link: https://www.econbiz.de/10014195649

Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron; Autor, David; Hanson, Gordon; Dorn, David - National Bureau of Economic Research (NBER) - 2014

An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...

Persistent link: https://www.econbiz.de/10010950826

Contracts and the Division of Labor

Acemoglu, Daron; Antras, Pol; Helpman, Elhanan - National Bureau of Economic Research (NBER) - 2005

We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model a firm chooses its technology and investment levels in contractible activities by suppliers of intermediate inputs....

Persistent link: https://www.econbiz.de/10005714808

Social Structure and Development: A Legacy of the Holocaust in Russia

Acemoglu, Daron; Robinson, James Alan; Hassan, Tarek A. - National Bureau of Economic Research (NBER) - 2010

We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...

Persistent link: https://www.econbiz.de/10008634701