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Carbon taxes, path dependency and directed technical change: evidence from the auto industry
Aghion, Philippe; Dechezlepretre, Antoine; Hemous, David; … - London School of Economics (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/10011071158
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Globalisation, ICT and the nitty gritty of plant level datasets
Martin, Ralf - London School of Economics (LSE) - 2004
The net entry contribution to aggregate productivity growth has increased dramatically in the UK over 1990s according to calculations based on data from the Annual Respondents Database (ARD). Some recent studies have tried to link this to other structural changes over the same period such as...
Persistent link: https://www.econbiz.de/10010746177
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Technology, information and the decentralization of the firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - London School of Economics (LSE) - 2006
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10010884642
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Innovation and institutional ownership
Aghion, Philippe; Van Reenen, John; Zingales, Luigi - London School of Economics (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/10010745303
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Modern management: good for the environment or just hot air?
Bloom, Nick; Genakos, Christos; Martin, Ralf; Sadun, … - London School of Economics (LSE) - 2008
We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly...
Persistent link: https://www.econbiz.de/10010746109