Indian Institute of Public Administration

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The impact of regulation on innovation (Record no. 525333)

000 -LEADER
fixed length control field 01129nam a22001457a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240222b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Aghion, P. Bergeaud, A. and Reenen, J.V.
245 ## - TITLE STATEMENT
Title The impact of regulation on innovation
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc The American Economic Review
300 ## - PHYSICAL DESCRIPTION
Extent 113(11), Nov, 2023: p.2894-2936
520 ## - SUMMARY, ETC.
Summary, etc 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 firm-level panel data, where there is a sharp increase in the burden of labor regulations on companies with 50 or more employees. Consistent with the model's qualitative predictions, we find a fall in the fraction of innovating firms just to the left of the regulatory threshold. Furthermore, we find a reduction in the innovation response of firms to demand shocks just below the threshold. Regulation reduces aggregate innovation by 5.7 percent.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/aer.20210107
773 ## - HOST ITEM ENTRY
Main entry heading The American Economic Review
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP INNOVATION
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-02-22 113(11), Nov, 2023: p.2894-2936 AR131131 2024-02-22 Articles

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