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All Outputs (3)

Trade, Firm Selection and Innovation: The Competition Channel (2017)
Journal Article
Impullitti, G., & Licandro, O. (2018). Trade, Firm Selection and Innovation: The Competition Channel. Economic Journal, 128(608), 189-229. https://doi.org/10.1111/ecoj.12466

We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and endogenous growth. Variable markups arise from oligopolistic competition, and cost-reducing innovation is the engine of long-run growth. Trade liberali... Read More about Trade, Firm Selection and Innovation: The Competition Channel.

The longevity of famous people from Hammurabi to Einstein (2015)
Journal Article
De la Croix, D., & Licandro, O. (2015). The longevity of famous people from Hammurabi to Einstein. Journal of Economic Growth, 20(3), https://doi.org/10.1007/s10887-015-9117-0

We build a new sample of 300,000 famous people born between Hammurabi's epoch and Einstein's cohort, including their vital dates, occupations, and locations from the Index Bio-bibliographicus Notorum Hominum. We discuss and control for selection and... Read More about The longevity of famous people from Hammurabi to Einstein.

Endogenous growth and wave-like business fluctuations (2014)
Journal Article
Bambi, M., Gozzi, F., & Licandro, O. (2014). Endogenous growth and wave-like business fluctuations. Journal of Economic Theory, 154, https://doi.org/10.1016/j.jet.2014.08.004

This paper argues that observed long lags in innovation implementation rationalize Schumpeter's statement that “wave-like fluctuations in business ... are the form economic development takes in the era of capitalism.” Adding implementation delays to... Read More about Endogenous growth and wave-like business fluctuations.