Pietro F. Peretto

Pietro F. Peretto

Professor of Economics

External Address: 
241 Social Sciences, Box 90097, Durham, NC 27708
Internal Office Address: 
Box 90097, Durham, NC 27708-0097
(919) 660-1807

Professor Peretto focuses his research pursuits on industrial organization, technological change, and other aspects pertaining to the field of macroeconomics. His studies have explored a variety of factors, such as international trade, growth and innovation, market structure, corporate taxation, industrial organization, development and the environment, R&D, and more. Much of his analyses of his subjects tend to utilize the endogenous growth theories. He has been publishing his research papers for nearly two decades, and has had his work appear in books and leading academic journals such as the International Journal of Industrial Organization, Increasing Returns and Economic Analysis, and various economic journals throughout Europe. Titles of his recent writings include, “Corporate Taxes, Growth and Welfare in a Schumpeterian Economy,” “Fiscal Policy and Long-run Growth in R&D Based Models with Endogenous Market Structure,” and “Industry and Family: Two Engines of Growth,” in addition to many others. Professor Peretto’s latest research projects involve exploring such subjects as resource scarcity, job creation, intra-industry trade, sustainable growth, and “deaths, births, and economic growth.”


  • Ph.D., Yale University 1994

Kane, R. F., and P. F. Peretto. “More apples vs. better apples: Distribution and innovation-driven growth.” Journal of Economic Theory 185 (January 1, 2020). https://doi.org/10.1016/j.jet.2019.104964. Full Text

Ferraro, D., and P. F. Peretto. “Innovation-led growth in a time of debt.” European Economic Review 121 (January 1, 2020). https://doi.org/10.1016/j.euroecorev.2019.103350. Full Text

Brunnschweiler, C. N., P. F. Peretto, and S. Valente. “Wealth creation, wealth dilution and demography.” Journal of Monetary Economics, January 1, 2020. https://doi.org/10.1016/j.jmoneco.2020.02.002. Full Text

Coffey, B., P. A. McLaughlin, and P. Peretto. “The cumulative cost of regulations.” Review of Economic Dynamics, January 1, 2020. https://doi.org/10.1016/j.red.2020.03.004. Full Text

Ferraro, D., and P. F. Peretto. “Commodity Prices and Growth.” Economic Journal 128, no. 616 (December 1, 2018): 3242–65. https://doi.org/10.1111/ecoj.12559. Full Text

Peretto, P. F. “Robust endogenous growth.” European Economic Review 108 (September 1, 2018): 49–77. https://doi.org/10.1016/j.euroecorev.2018.06.007. Full Text

Iacopetta, M., R. Minetti, and P. F. Peretto. “Financial Markets, Industry Dynamics, and Growth.” Economic Research Initiatives at Duke (Erid), no. 172 (August 27, 2014).

Cetorelli, N., and P. F. Peretto. “Credit quantity and credit quality: Bank competition and capital accumulation.” Journal of Economic Theory 147, no. 3 (May 1, 2012): 967–98. https://doi.org/10.1016/j.jet.2012.01.006. Full Text


Peretto, Pietro F. “Chapter 19 Market Power, Growth, and Unemployment.” In Frontiers of Economics and Globalization, 493–525. Emerald Group Publishing Limited, 2011. https://doi.org/10.1108/s1574-8715(2011)0000011024. Full Text

Peretto, Pietro F. “Variety, Spillovers and Market Structure in a Model of Endogenous Technological Change.” In Increasing Returns and Economic Analysis, 338–66. Palgrave Macmillan UK, 1998. https://doi.org/10.1007/978-1-349-26255-7_21. Full Text

Suphaphiphat, N., P. F. Peretto, and S. Valente. “Endogenous Growth and Property Rights over Renewable Resources,” 2015.

Peretto, P. F., and S. Valente. “Growth on a Finite Planet: Resources, Technology and Population in the Long Run,” June 30, 2011.

Peretto, P. F. “Market power, growth, and unemployment,” January 1, 2011. https://doi.org/10.1108/S1574-8715(2011)0000011024. Full Text

Selected Grants

Carbon Policy and Induced Technical Change: Market Structure, Increasing Returns, and Secondary Benefits awarded by Department of Energy (Principal Investigator). 1997 to 2001