Filippo Belloc

@filippobelloc.bsky.social

Prof of Economics at @deps-siena.bsky.social Working on Firm Organization, Innovation & Technology Policy >> https://sites.google.com/site/filippobelloc

🚀 Happy to take part in the Workshop on Firms, Trade and Productivity in a New Era of Geoeconomic Fragmentation. I’ll be presenting my work on “Subsidies and firm entry” alongside an excellent lineup of speakers. 📍 Two days of discussions on automation, trade resilience, and industrial policy!

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🚨 New paper accepted in IJIO! We study +30k subsidy initiatives: • Subsidies boost entry of ~5.5% less productive firms • Unconditional tax breaks & loans drive the negative effects • Intl., SME-focused & green/automation subsidies can improve entrant quality 👉 tinyurl.com/2b3kzbdm More soon!

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Can higher productivity also mean cleaner production? 🌿 Our new paper (accepted in Energy Economics) finds that more productive firms cause less emissions per unit of output, but also more emissions per unit of input, with high cross-firm heterogeneity: smart regulation is key! 👉 shorturl.at/r8k3Z

Is TFP clean or dirty? The nexus between environmental and economic efficiency

Improvements in economic productivity are a key driver of economic growth and a primary objective of many national and international policy initiative…

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Very useful discussion on the perils of using micro/cross-sectional parameter estimates in inferring the aggregate effects of policies/shocks. This is pervasive in Economics, yet the two effects can even have the opposite signs. (Example in next post.) voxdev.org/topic/method...

The ‘missing intercept’ problem with going from micro to macro

Many applied microeconomics papers conclude with a back-of-the-envelope calculation that scales their cross-sectional estimates to the aggregate level. These types of aggregate estimates are only vali...

voxdev.org

🎉 Just accepted in JEBO! “Incentive Pay, Managerial Skills and Span of Control” w/ F. Landini & S. Dughera. Why do some firms rely more on bonuses than others? We show that incentive pay is more likely when managers are better educated and hierarchies are wider. WP 👉 shorturl.at/7LgAj

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