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

Ferraro, D, and Peretto, PF. "Commodity Prices and Growth." The Economic Journal 128, no. 616 (December 1, 2018): 3242-3265. Full Text

Peretto, PF. "Robust endogenous growth." European Economic Review 108 (September 2018): 49-77. Full Text

Coffey, B, McLaughlin, PA, and Peretto, PF. "The Cumulative Cost of Regulations." Duke I&E Research Paper, no. 2016 (April 26, 2016).

Iacopetta, M, Minetti, R, and Peretto, PF. "Financial Markets, Industry Dynamics, and Growth." Economic Research Initiatives at Duke (ERID), no. 172 (August 27, 2014). (Working Paper)

Cetorelli, N, and Peretto, PF. "Credit quantity and credit quality: Bank competition and capital accumulation." Journal of Economic Theory 147, no. 3 (May 2012): 967-998. Full Text

Peretto, PF. "Resource abundance, growth and welfare: A Schumpeterian perspective." Journal of Development Economics 97, no. 1 (January 2012): 142-155. Full Text

Peretto, P. "Comments on the paper." Revue De L'Ofce 124, no. 5 (2012): 59a-59a. Full Text

PERETTO, PIETROF. "The Growth and Welfare Effects of Deficit-Financed Dividend Tax Cuts." Journal of Money, Credit and Banking 43, no. 5 (August 2011): 835-869. Full Text

Peretto, PF, and Valente, S. "Resources, innovation and growth in the global economy." Journal of Monetary Economics 58, no. 4 (May 2011): 387-399. Full Text


Peretto, PF. "Market Power, Unemployment, and Growth." In Frontiers of Economic Growth and Development,edited by O de La Grandville and EK Choi, 493-525. Great Britain: Emerald Group Publishing Limited, 2012. (Chapter) Full Text

Peretto, PF. "Variety, Spillovers and Market Structure in a Model of Endogenous Technological Change." In Increasing Returns and Economic Analysis,edited by KJ Arrow, YK Ng, and X Yang, 338-366. Great Britain: Macmillan Press Ltd, 1998. (Chapter) Full Text

Selected Grants

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