Philippe Aghion

Competition-friendly industrial policy

Industrial policy, essential for addressing market failures, encounters concerns regarding protecting inefficient firms. We advocate for competition-friendly industrial policies, …

philippe-aghion

Industrial policy and competition: Evidence from China

Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster …

philippe-aghion

The Impact of Incomplete Contracts on Economics

The book collects the presentations and discussions made at the conference celebrating the 25th anniversary of the publication of “Grossman and Hart (1986).1 The conference brought …

philippe-aghion