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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

My Precious! the location and diffusion of scientific research: evidence from the synchrotron diamond light source

Helmers, Christian; Overman, Henry G. - London School of Economics (LSE) - 2013

use both academic publications and patent data to trace the geographical distribution of related knowledge and innovation …

Persistent link: https://www.econbiz.de/10011126204

The effect of information and communication technologies on urban structure

Ioannides, Yannis M.; Overman, Henry G.; … - London School of Economics (LSE) - 2007

The geographic concentration of economic activity occurs because transport costs for goods, people and ideas give individuals and organisations incentives to locate close to each other. Historically, all of these costs have been falling. Such changes could lead us to predict the death of...

Persistent link: https://www.econbiz.de/10010746130

Real earnings disparities in Britain

Gibbons, Stephen; Overman, Henry G.; Resende, Guilherme - London School of Economics (LSE) - 2011

This report estimates housing-cost-earnings differentials across labour market areas in Britain. We show that quality-adjusted housing costs rise on average, one for one with the skill-adjusted earnings of the average working household. However, the relationship is Ushaped, with relatively high...

Persistent link: https://www.econbiz.de/10010745171

Mostly pointless spatial econometrics?

Gibbons, Steve; Overman, Henry G. - London School of Economics (LSE) - 2010

We argue that identification problems bedevil most applied spatial research. Spatial econometrics solves these problems by deriving estimators assuming that functional forms are known and by using model comparison techniques to let the data choose between competing specifications. We argue that...

Persistent link: https://www.econbiz.de/10010745382

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

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