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Eaton, Jonathan - 2012

We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...

Persistent link: https://www.econbiz.de/10012755480

Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry

Aghion, Philippe - 2014

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/10013064941

Engines of Growth : Domestic and Foreign Sources of Innovation

Eaton, Jonathan; Kortum, Samuel S. - 2021

present a multicountry model of technological innovation and diffusion which has the implication that, for a wide range of …

Persistent link: https://www.econbiz.de/10013237260

Innovating Firms and Aggregate Innovation

Klette, Tor Jakob; Kortum, Samuel S. - 2021

We develop a parsimonious model of innovating firms rich enough to confront firm-level evidence. It captures the dynamic behavior of individual heterogenous firms, describes the evolution of an industry with simultaneous entry and exit, and delivers a general equilibrium model of technological...

Persistent link: https://www.econbiz.de/10013248388

Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation

Bhattacharya, Jay - 2015

opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size …

Persistent link: https://www.econbiz.de/10012750249

A Model of Growth Through Creative Destruction

Aghion, Philippe; Howitt, Peter - 2022

This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both...

Persistent link: https://www.econbiz.de/10013323577