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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

Measuring the cost effectiveness of an R&D tax credit for the UK

Griffith, Rachel; Redding, Stephen; Van Reenen, John - London School of Economics (LSE) - 2001

effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …

Persistent link: https://www.econbiz.de/10010928789

Mapping the two faces of R&D : productivity growth in a panel of OECD industries

Griffith, Rachel; Redding, Stephen; Van Reenen, John - London School of Economics (LSE) - 2000

Persistent link: https://www.econbiz.de/10010884706

Educational attainment, labour market institutions, and the structure of production

Nickell, Stephen J; Redding, Stephen; Swaffield, Joanna - London School of Economics (LSE) - 2002

A key feature of OECD economic growth since the early 1970s has been the secular decline in manufacturing’s share of GDP and the secular rise of service sectors. This paper examines the role played by relative prices, technology, factor endowments, and labour market institutions in the process...

Persistent link: https://www.econbiz.de/10010746522

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