Professor Piercarlo Zanchettin

I am an applied theorist with main research interests in the fields of Industrial Economics - Innovation and Competition Economics and Policy in particular – and Economic Growth Theory.

I hold a PhD in Economics from the University of Nottingham, an MSc in Economics and a Doctorate in Economics from the University of Siena. Prior to (re-)joining the University of Leicester in 2023, I worked at the Universities of Nottingham, Leicester and Bologna.

My work has been published in top field and general interest academic journals, such as the RAND Journal of Economics, the Economic Journal, and the International Journal of Industrial Organization.  

My main research interests lie in the areas of Industrial Economics and Growth Theory – joined by my underlying interest and expertise in the Economics of Innovation and Intellectual Property.

A large part of my previous research has focused on the strategic determinants of firm’s innovativeness and diversity, and their effect on the dynamics of innovative markets competition and economic growth. More recently, my research work extended to the fields of Information Economics, Political Economy and Finance.

Methodologically, my research projects encompass both microeconomic and macroeconomic approaches, and often combine theoretical with empirical methodologies.   I have experience in supervising both theoretical and empirical PhD projects related to my research areas.

Publications

1.  Debt maturity, cash flow volatility and political affiliation in China, Forthcoming, British Accounting Review, Forthcoming (with M. Caglayan and S. Mateut).

2.  Patent protection for complex technologies, International Journal of Industrial Organization, 2022, 81, 1-20 (with V. Denicolò).

3.  The demand-boost theory of exclusive dealing, RAND Journal of Economics, 2020, 53, 713-738  (with G. Calzolari and V. Denicolò).

4.  Vertical integration and product differentiation, International Journal of Industrial Organization, 2017, 55, 25-57 (with A. Mukherjee).

5.  Speculative profits, innovation and growth, Economic Inquiry, 2017, 55, 160-174 (with V. Denicolò).

6.  What causes over-investment in R&D in endogenous growth models?, Economic Journal, 2014, 124, 1192-1212 (with V. Denicolò).

7.  Credit sales and advance payments: substitutes or complements?, Economics Letters, 2013, 118, 173 - 176  (with S. Mateut).

8.  A dynamic model of patent portfolio races, Economics Letters, 2012, 117, 924-92 (with V. Denicolò).

9.   Leadership cycles in a quality ladder model of endogenous growth, Economic Journal, 2012, 122, 618- 650 (with V. Denicolò).

10. TOC `n` ROLL: bargaining, service quality and specificity in the UK railway network, Journal of Transport Economics and Policy, 2011, 45, 1-32                              (with G. De Fraja and E. Michetti).

11.  Competition, market selection, and growth, Economic Journal, 2010, 120, 761-785 (with V. Denicolò).

12.  Entry, product line expansion, and predation, Journal of Competition Law and Economics, 2007, 3, 609- 62 (with V. Denicolò and M. Polo).

13.  Differentiated duopoly with asymmetric costs, Journal of Economics and Management Strategy, 2006, 15, 999-1015. 

14.  How should forward patent protection be provided?, International Journal of Industrial Organization, 2002, 20, 801­-827 (with V. Denicolò).

ORCID:   https://orcid.org/0000-0003-0559-869X

I am happy to supervise PhD students in Industrial Economics, Economics of Innovation and Intellectual Property, Economic Growth Theory, Political Economy, and Finance.