| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16212 |
| DP16212 The Impact of Institutions on Innovation | |
| Alexander Donges; Jean-Marie Meier; Rui Silva | |
| 发表日期 | 2021-06-02 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We study the impact of inclusive institutions on innovation using novel, hand-collected, county-level data for Imperial Germany. We use the timing and geography of the French occupation of different German regions after the French Revolution of 1789 as an instrument for institutional quality. We find that the number of patents per capita in counties with the longest occupation was more than double that in unoccupied counties. Among the institutional changes brought by the French, the introduction of the Code civil, ensuring equality before the law, and the promotion of commercial freedom through the abolition of guilds and trade licenses had a stronger effect on innovation than a reform that increased labor market mobility and an agricultural reform that broke up the power of rural oligarchs. We also document that the effect of institutions on innovation was particularly pronounced for high-tech innovation and that the increase in patenting activity due to better institutions translated into higher economic growth. Our findings highlight inclusive institutions as a first order determinant of innovation. |
| 主题 | Development Economics ; Economic History ; Financial Economics ; Macroeconomics and Growth |
| 关键词 | Innovation Patents Institutions Economic growth |
| URL | https://cepr.org/publications/dp16212 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545182 |
| 推荐引用方式 GB/T 7714 | Alexander Donges,Jean-Marie Meier,Rui Silva. DP16212 The Impact of Institutions on Innovation. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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