Similar Search Results

Distorted Innovation : Does the Market Get the Direction of Technology Right?

Acemoglu, Daron - National Bureau of Economic Research - 2023

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

Persistent link: https://www.econbiz.de/10014226119

Techies and Firm Level Productivity

Harrigan, James; Reshef, Ariell; Toubal, Farid - National Bureau of Economic Research - 2023

-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion within firms. Using …

Persistent link: https://www.econbiz.de/10014322729

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

Aghion, Philippe - 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/10012460065

Distorted innovation: does the market get the direction of technology right?

Acemoglu, Daron - 2023

Persistent link: https://www.econbiz.de/10014245524

Production Function Estimation Using Subjective Expectations Data

Norris Keiller, Agnes; Paula, Áureo de; Van Reenen, John - National Bureau of Economic Research - 2024

Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on a firm's expectations of its future output and inputs that allows us to obtain consistent...

Persistent link: https://www.econbiz.de/10014635688

Measuring and Predicting "New Work" in the United States : The Role of Local Factors and Global Shocks

Kim, Gueyon; Merritt, Cassandra; Peri, Giovanni - National Bureau of Economic Research - 2024

The evolution of work is of emerging importance to advanced economies' growth. In this study, we develop a new semantic-distance-based algorithm to identify "new work," namely the new types of jobs introduced in the US. We characterize how "new work" relates to task content of jobs and skill...

Persistent link: https://www.econbiz.de/10014544803

Do Green Users Become Green Voters?

Comin, Diego; Rode, Johannes - National Bureau of Economic Research - 2023

We estimate the causal effect of the diffusion of solar photovoltaic (PV) systems on the fraction of Green Party votes in federal and state elections in Baden-Württemberg, Germany. Our estimates are based on instruments that induce exogenous variation in roof appropriateness to PV installation....

Persistent link: https://www.econbiz.de/10014322712

The Changing Structure of Wages in the US and Germany : What Explains the Differences?

Beaudry, Paul - 2000

Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...

Persistent link: https://www.econbiz.de/10012471064

Technology (and Policy) Shocks in Models of Endogenous Growth

Jones, Larry E. - 1999

Is there a trade-off between fluctuations and growth? The empirical evidence is mixed, with some studies (Kormendi and Meguire (1985)) finding a positive relationship, while others (Ramey and Ramey (1995)) finding the a negative one. Our objective in this paper is to understand how fundamental...

Persistent link: https://www.econbiz.de/10012471733

The Perils of the Learning Model For Modeling Endogenous Technological Change

Nordhaus, William D. - 2009

Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently been introduced in policy models of energy and global warming economics to make the process of technological change endogenous. It is not widely appreciated that this is a...

Persistent link: https://www.econbiz.de/10012464011