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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

Idea Diffusion and Property Rights

Jovanovic, Boyan; Wang, Zhu - 2022

We study the innovation and diffusion of technology at the industry level. We derive the full dynamic paths of an …

Persistent link: https://www.econbiz.de/10014091108

Market Structure and Innovation : A Dynamic Analysis of the Global Automobile Industry

Hashmi, Aamir Rafique - 2010

We study the relationship between market structure and innovation in the global automobile industry from 1982 to 2004 … using the dynamic industry framework of Ericson and Pakes (1995). Firms optimally choose a continuous level of innovation in … parameter -- the cost of innovation. In terms of the relationship between market structure and innovation, we find that: (1) At …

Persistent link: https://www.econbiz.de/10013143775

The Taxation of Fuel Economy

Sallee, James - 2010

Policy-makers have instituted a variety of fuel economy tax policies -- polices that tax or subsidize new vehicle purchases on the basis of fuel economy performance -- in the hopes of improving fleet fuel economy and reducing gasoline consumption. This article reviews existing policies and...

Persistent link: https://www.econbiz.de/10013137016

Trade Liberalization in a Multinational-Dominated Industry : A Theoretical and Applied General-Equilibrium Analysis

Hunter, Linda - 2010

A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico free trade. Special features of the model include (1) significant scale economies at the plant level, (2) imperfect competition among firms, (3) joint ownership of plants...

Persistent link: https://www.econbiz.de/10013139985

Carwars : Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets

Levinsohn, James A. - 2012

This paper tries to make sense of the recent trade dispute between the U.S. and Japan in autos and auto parts. The paper argues that there are structural differences between the way that the auto industries are organized in the U.S. and Japan, and that these differences have contributed to the...

Persistent link: https://www.econbiz.de/10013102060

Fuel Economy and Safety : The Influences of Vehicle Class and Driver Behavior

Jacobsen, Mark R. - 2012

Fuel economy standards change the composition of the vehicle fleet, potentially influencing accident safety. I introduce a model of the fleet that captures risks across interactions between vehicle types while simultaneously recovering estimates of unobserved driving safety behavior. The model...

Persistent link: https://www.econbiz.de/10013107512

Credit Lines as Monitored Liquidity Insurance : Theory and Evidence

Acharya, Viral V. - 2013

We propose and test a theory of corporate liquidity management in which credit lines provided by banks to firms are a form of monitored liquidity insurance. Bank monitoring and resulting credit line revocations help control illiquidity-seeking behavior by firms. Firms with high liquidity risk...

Persistent link: https://www.econbiz.de/10013085123

Toward an Understanding of Learning by Doing : Evidence from an Automobile Assembly Plant

Levitt, Steven D. - 2014

Productivity improvements within establishments (e.g., factories, mines, or retail stores) are an important source of aggregate productivity growth. Past research has documented that learning by doing-productivity improvements that occur in concert with production increases-is one source of such...

Persistent link: https://www.econbiz.de/10013066188

Would You Buy a Honda Made in the U.S.? The Impact of Production Location on Manufacturing Quality

Lacetera, Nicola - 2014

Are location-specific factors--such as the education and attitude of the local workforce, supplier networks, institutional infrastructure, and local "culture"--important for understanding persistent heterogeneities among firms? We address this question in the context of the automobile industry....

Persistent link: https://www.econbiz.de/10013066220

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