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Industrial Policy and Competition
Harrison, Ann E.; Legros, Patrick; Aghion, Philippe; … - National Bureau of Economic Research (NBER) - 2012
Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We measure competition using the Lerner Index and include as...
Persistent link: https://www.econbiz.de/10011271474
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Carbon taxes, path dependency and directed technical change: evidence from the auto industry
Aghion, Philippe; Dechezlepretre, Antoine; Hemous, David; … - London School of Economics (LSE) - 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/10011071158
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Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - C.E.P.R. Discussion Papers - 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/10011084407
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Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - Centre for Economic Performance, LSE - 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/10010945141
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Optimal Capital Versus Labor Taxation with Innovation-Led Growth
Aghion, Philippe; Akcigit, Ufuk; Fernandez-Villaverde, Jesus - Department of Economics, University of Pennsylvania - 2013
innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …
Persistent link: https://www.econbiz.de/10010822886
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Endogenous Growth Theory
Aghion, Philippe; Howitt, Peter - The MIT Press
technological change on the economy, one must delve into structural details of the innovation process to analyze how laws …
Persistent link: https://www.econbiz.de/10004973097
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Science, Technology and Innovation for Economic Growth: Towards Linking Policy Research and Practice in 'STIG Systems'
Aghion, Philippe; David, Paul A.; Foray, Dominique - Stanford Institute for Economic Policy Research … - 2007
the dynamics of science, technology and innovation and their relationship to economic growth. Considering the approach …
Persistent link: https://www.econbiz.de/10010616116
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In brief: Two cheers for Anglo-Saxon financial markets?
Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Centre for Economic Performance, LSE - 2012
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10010549053
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Growth and Development: A Schumpeterian Approach
Aghion, Philippe - In: Annals of Economics and Finance 5 (2004) 1, pp. 1-25
In this paper we present the so-called Schumpeterian approach to economic growth, in which growth is primarily driven by entrepreneurial innovations that are themselves influenced by the institutional environment. We argue that this more micro-founded approach both, questions the old divisions...
Persistent link: https://www.econbiz.de/10009150919
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Innovation and Institutional Ownership
Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Fondazione ENI Enrico Mattei (FEEM) - 2010
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10008642166