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State-Dependent Intellectual Property Rights Policy
Acemoglu, Daron; Akcigit, Ufuk - 2016
What form of intellectual property rights (IPR) policy contributes to economic growth? Should technological followers be able to license the products of technological leaders? Should a company with a large technological lead receive the same IPR protection as a company with a more limited lead?...
Persistent link: https://www.econbiz.de/10014053845
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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082
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Capital Deepening and Non-Balanced Economic Growth
Acemoglu, Daron; Guerrieri, Veronica - Society for Economic Dynamics - SED - 2006
This paper constructs a model of non-balanced economic growth. The main economic force is the combination of differences in factor proportions and capital deepening. Capital deepening tends to increase the relative output of the sector with a greater capital share (despite the equilibrium...
Persistent link: https://www.econbiz.de/10004977929
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The World Income Distribution
Acemoglu, Daron; Ventura, Jaume - C.E.P.R. Discussion Papers - 2001
We show that even in the absence of diminishing returns in production and technological spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns – countries that accumulate capital faster than...
Persistent link: https://www.econbiz.de/10005662414
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The World Income Distribution
Acemoglu, Daron; Ventura, Jaume - 2003
We show that even in the absence of diminishing returns in production and technological spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: Countries that accumulate capital faster than...
Persistent link: https://www.econbiz.de/10014139207
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The environmental and directed technical change in a North-South model
Acemoglu, Daron; Aghion, Philippe; Hémous, David - In: Oxford review of economic policy 30 (2014) 3, pp. 513-530
Persistent link: https://www.econbiz.de/10010496491
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Competing engines of growth: Innovation and standardization
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction of new goods whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10010849616
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Competing engines of growth: Innovation and standardization
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - In: Journal of Economic Theory 147 (2012) 2, pp. 570-601
We study a dynamic general equilibrium model where innovation takes the form of the introduction of new goods whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10010576552
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Innovation by entrants and incumbents
Acemoglu, Daron; Cao, Dan - In: Journal of Economic Theory 157 (2015) C, pp. 255-294
existing firms. When there is also costly imitation preventing any sector from falling too far below the average, the …
Persistent link: https://www.econbiz.de/10011263575
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Capital Deepening and Non-Balanced Economic Growth
Acemoglu, Daron; Guerrieri, Veronica - National Bureau of Economic Research (NBER) - 2006
This paper constructs a model of non-balanced economic growth. The main economic force is the combination of differences in factor proportions and capital deepening. Capital deepening tends to increase the relative output of the sector with a greater capital share, but simultaneously induces a...
Persistent link: https://www.econbiz.de/10005084739