Notching R&D investment with corporate income tax cuts in China
We study a Chinese policy that awards substantial tax cuts to firms with R&D investment
over a threshold or “notch.” Quasi-experimental variation and administrative tax data show a …
over a threshold or “notch.” Quasi-experimental variation and administrative tax data show a …
Environmental regulation and innovation: Evidence from China
The relevance of analyzing effects of environmental regulation on innovation cannot be
overemphasized. In this paper, we first develop a theoretical model to predict how command …
overemphasized. In this paper, we first develop a theoretical model to predict how command …
Going green in China: Firms' responses to stricter environmental regulations
This paper examines the effect of stringent environmental regulations on firms'
environmental practices, economic performance, and environmental innovation. Reducing …
environmental practices, economic performance, and environmental innovation. Reducing …
Tertiarization Like China
X Chen, G Pei, Z Song, F Zilibotti - Annual Review of Economics, 2023 - annualreviews.org
This article documents a rapid shift toward services (tertiarization) of the Chinese economy
since 2005, as evidenced by the significant increase in both employment and value-added …
since 2005, as evidenced by the significant increase in both employment and value-added …
The impact of regulation on innovation
P Aghion, A Bergeaud, J Van Reenen - American Economic Review, 2023 - aeaweb.org
We present a framework that can be used to assess the equilibrium impact of regulation on
endogenous innovation with heterogeneous firms. We implement this model using French …
endogenous innovation with heterogeneous firms. We implement this model using French …
Reconciling models of diffusion and innovation: A theory of the productivity distribution and technology frontier
We study how endogenous innovation and technology diffusion interact to determine the
shape of the productivity distribution and generate aggregate growth. We model firms that …
shape of the productivity distribution and generate aggregate growth. We model firms that …
Growing and slowing down like China
F Zilibotti - Journal of the European Economic Association, 2017 - academic.oup.com
This article is based on the presidential address delivered at the EEA Annual Congress
2016. It discusses China's institutional and economic transformation through the lens of the …
2016. It discusses China's institutional and economic transformation through the lens of the …
The internationalisation of R&D: Past, present and future
In this perspective paper we discuss major trends that will shape the internationalisation of
business R&D in the future. New scientific discoveries will provide new opportunities to …
business R&D in the future. New scientific discoveries will provide new opportunities to …
Corporate tax policy and heterogeneous firm innovation: Evidence from a developing country
Y Shao, C Xiao - Journal of Comparative Economics, 2019 - Elsevier
This paper adds to the literature by identifying the causality of corporate tax policy on firm
innovation in a developing country. We exploit the China's 2006 corporate income tax base …
innovation in a developing country. We exploit the China's 2006 corporate income tax base …