Ashish Arora

Fuqua School of Business

Duke University

Website

Professor Arora’s research focuses on the economics of technology and technical change. Arora’s research has included the study of technology intensive industries such as software, biotechnology and chemicals, the economics of information security, and the role of patents and licensing in promoting technology startups.

Vote History

Statement Vote Confidence Comments
The increase in stock market volatility that began in 2018 will last for another three to five years. Neither Agree nor Disagree 1
A hard Brexit will have a significant negative impact on many businesses, even if they do not have a U.K. or European presence. Agree 8 “The interesting question is who will make money out of a hard Brexit. Brexit is bad for business. A hard Brexit will be worse. Even firms not in the U.K. or Europe will feel the pain because value chains are globally integrated. On the demand side, EU growth will be slower, which will hurt as well.”
China is no longer the most attractive growth opportunity for Western multinationals. Agree 4 “Is the bloom off the rose? It appears so. China is a very large and growing market. But the demographic dividend is over, the middle-income trap may not be easy to evade, and its geopolitical ambitions make it a riskier proposition. Whether Western multinationals see it — is a whole different issue.”
In the next five years, the blockchain will have a transformative effect on finance in emerging markets. Disagree 4 “The impact of new technologies takes a while to have a significant effect.”
In the absence of a carbon tax, industry self-regulation can help mitigate the worst fallout from climate change. Strongly Disagree 10 “History provides very little confidence that in the absence of regulations, lawsuits, or a tax, firms will be able to agree on mitigating climate change.”
Amazon’s new $15 per hour minimum wage will force other companies to follow suit. Agree 8
Restrictions on skilled immigration will cause US firms to to shift more operations overseas. Disagree 5 “In software outsourcing, H-1B visa holders were important complements to offshore work. Broadly, offshoring and immigration are likely to be complements.”
Uber has to develop self-driving cars in the next 10 years in order to remain viable. Strongly Agree 7 “The driver cost is by far the biggest part of unit cost.”
A trade war will be more disruptive to business than to consumers. Agree 8
Concern over consumer privacy will fundamentally limit businesses’ ability to use big data. Disagree 7 “I am skeptical about how important big data will be for firms, at least in the next five to 10 years.”