Notching R&D investment with corporate income tax cuts in China

Z Chen, Z Liu, JC Suárez Serrato, DY Xu - American Economic Review, 2021 - aeaweb.org
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 …

Environmental regulation and innovation: Evidence from China

Y Yu, N Zhang - Global Environmental Change, 2022 - Elsevier
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 …

Going green in China: Firms' responses to stricter environmental regulations

H Fan, JSG Zivin, Z Kou, X Liu, H Wang - 2019 - nber.org
This paper examines the effect of stringent environmental regulations on firms'
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 …

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 …

Reconciling models of diffusion and innovation: A theory of the productivity distribution and technology frontier

J Benhabib, J Perla, C Tonetti - Econometrica, 2021 - Wiley Online Library
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 …

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 …

Innovation networks and r&d allocation

E Liu, S Ma - 2021 - nber.org
We study the cross-sector allocation of R&D resources in a multisector growth model with an
innovation network, where one sector's past innovations may benefit other sectors' future …

The internationalisation of R&D: Past, present and future

B Dachs, S Amoroso, D Castellani… - International Business …, 2024 - Elsevier
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 …

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 …