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Parental education and invention : the finnish enigma

Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - 2023

Persistent link: https://www.econbiz.de/10013543028

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

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

Persistent link: https://www.econbiz.de/10011084407

Carbon taxes, path dependency and directed technical change: Evidence from the auto industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - 2012

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between dirty (internal combustion engine) and clean (e.g. electric and hybrid) patents across 80 countries over several decades. We show that firms...

Persistent link: https://www.econbiz.de/10010294270

Carbon taxes, path dependency and directed technical change : evidence from the auto industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012

Persistent link: https://www.econbiz.de/10009687266

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

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2013

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between 'dirty' (internal combustion engine) and 'clean' (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

Persistent link: https://www.econbiz.de/10014161819

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

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2014

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty" (internal combustion engine) and “clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

Persistent link: https://www.econbiz.de/10014163071

Optimal Capital Versus Labor Taxation with Innovation-Led Growth

Aghion, Philippe - 2014

Chamley (1986) and Judd (1985) showed that, in a standard neoclassical growth model with capital accumulation and infinitely lived agents, either taxing or subsidizing capital cannot be optimal in the steady state. In this paper, we introduce innovation-led growth into the Chamley-Judd...

Persistent link: https://www.econbiz.de/10013063825

Parental Education and Invention : The Finnish Enigma

Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - 2023

controlling for parental education; (ii) instrumenting for the parents having a MSc-degree using distance to nearest university … reveals a large causal effect of parental education on offspring probability of inventing; and (iii) the causal effect of … parental education has been markedly weakened by the introduction in the early 1970s of a comprehensive schooling reform …

Persistent link: https://www.econbiz.de/10014255610

Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework

Aghion, Philippe; Howitt, Peter - 2005

In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...

Persistent link: https://www.econbiz.de/10014023785

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-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...

Persistent link: https://www.econbiz.de/10010549053