Similar Search Results

Desmet, Klaus; Rossi-Hansberg, Esteban - C.E.P.R. Discussion Papers - 2009

We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much to innovate (if at all) in manufacturing and services. Locations can trade subject to transport costs and technology diffuses spatially across locations. The result is an...

Persistent link: https://www.econbiz.de/10008566320

Employment Protection Legislation, Multinational Firms and Innovation

Griffith, Rachel; Macartney, Gareth - C.E.P.R. Discussion Papers - 2010

The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is … technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational … innovation in countries with low EPL. …

Persistent link: https://www.econbiz.de/10008530372

Product Market Reform and Innovation in the EU

Griffith, Rachel; Harrison, Rupert; Simpson, Helen - C.E.P.R. Discussion Papers - 2006

, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. In our analysis we … reforms on average profitability, and the effects of profitability on innovation and productivity growth. …

Persistent link: https://www.econbiz.de/10005136744

The Evolution of Markets and the Revolution of Industry: A Quantitative Model of England's Development, 1300-2000

Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2009

must then become larger to break even, which facilitates amortizing the fixed costs of innovation. We demonstrate our …

Persistent link: https://www.econbiz.de/10005041097

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe; Blundell, Richard William; Griffith, … - C.E.P.R. Discussion Papers - 2005

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …

Persistent link: https://www.econbiz.de/10005114280

Incentives and Managerial Experience in Multi-Task Teams: Evidence from Within a Firm

Griffith, Rachel; Neely, Andrew - C.E.P.R. Discussion Papers - 2007

This paper exploits a quasi-experimental setting to estimate the impact that a multi-dimensional group incentive scheme had on branch performance in a large distribution firm. The scheme, which is based on the Balanced Scorecard, was implemented in all branches in one division, but not in...

Persistent link: https://www.econbiz.de/10005662113

Corporate taxes and the location of intellectual property

Griffith, Rachel; Miller, Helen; O'Connell, Martin - C.E.P.R. Discussion Papers - 2011

The literature suggests that tax rates on mobile activities should fall to zero. Intellectual property is very mobile and has grown in importance. Firms can use intellectual property to shift income offshore and reduce their corporate income tax liability. Yet most intellectual property is held...

Persistent link: https://www.econbiz.de/10009644034

The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding

Desmet, Klaus; Nagy, David Krisztián; Rossi-Hansberg, … - C.E.P.R. Discussion Papers - 2015

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...

Persistent link: https://www.econbiz.de/10011252617

The Spatial Development of India

Desmet, Klaus; Ghani, Ejaz; O'Connell, Stephen D; … - C.E.P.R. Discussion Papers - 2013

This paper studies the recent spatial development of India. Services, and to a lesser extent manufacturing, are increasingly concentrating in high-density clusters. This stands in contrast with the United States, where in the last decades services have tended to grow fastest in medium-density...

Persistent link: https://www.econbiz.de/10011084107

The Geography of Development within Countries

Desmet, Klaus; Henderson, J Vernon - C.E.P.R. Discussion Papers - 2014

This chapter describes how the spatial distribution of economic activity changes as economies develop and grow. We start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we then focus on the continuum of locations in an economy...

Persistent link: https://www.econbiz.de/10011084674