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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011
dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …
Persistent link: https://www.econbiz.de/10009365645
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The environment and directed technical change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - 2010
dirty innovation and production; (ii) optimal policy involves both 'carbon taxes' and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …
Persistent link: https://www.econbiz.de/10010272399
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - Institute for International Economic Studies (IIES), … - 2010
dirty innovation and production; (ii) optimal policy involves both “carbon taxes” and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …
Persistent link: https://www.econbiz.de/10008552182
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Innovation and Top Income Inequality
Aghion, Philippe - 2015
innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …
Persistent link: https://www.econbiz.de/10013021154
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - National Bureau of Economic Research (NBER) - 2009
can be achieved with temporary taxation of dirty innovation and production; (ii) optimal policy involves both "carbon … exhaustible resource in dirty input production helps the switch to clean innovation under laissez-faire when the two inputs are …
Persistent link: https://www.econbiz.de/10008614634
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What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - In: Handbook of Economic Growth
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010869049
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What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - Centre of Excellence for Science and Innovation … - 2013
Schumpeterian growth theory has “operationalized” Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus...
Persistent link: https://www.econbiz.de/10010741440
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What Do We Learn From Schumpeterian Growth Theory?
Howitt, Peter; Aghion, Philippe; Akcigit, Ufuk - National Bureau of Economic Research (NBER) - 2013
Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010951386
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Rationalizing Scherer’s prophecy of an inverted-U relationship between competition and innovation
Aghion, Philippe - In: ECONOMIA E POLITICA INDUSTRIALE 2014/1 (2014) 1, pp. 13-23
competition and innovation uncovered by Scherer (1967). This model in turn delivers a number of testable prediction. A first … testable prediction is that the relationship between competition and innovation follows an inverted- U pattern and the average … innovation in "frontier" firms but may discourage it in "non-frontier" firms. A third prediction is that there is complementarity …
Persistent link: https://www.econbiz.de/10010876461
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What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Brown, Peter - Department of Economics, University of Pennsylvania - 2013
Schumpeterian growth theory has .operationalized. Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010822920