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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10009365645
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Environmental Feedbacks and Optimal Taxation in Oligopoly
Carraro, Carlo; Soubeyran, Antoine - C.E.P.R. Discussion Papers - 1995
environment only because its degradation affects the industry's economic performance. The environment does not enter directly …
Persistent link: https://www.econbiz.de/10005789196
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R&D Cooperation and the Stability of International Environmental Agreements
Carraro, Carlo; Siniscalco, Domenico - C.E.P.R. Discussion Papers - 1995
International agreements to protect the global environment are typically difficult to reach. In principle they should … unstable due to the incentive to free-ride (enjoying the clean environment provided by others' emission reduction without …
Persistent link: https://www.econbiz.de/10005792083
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The Costs/Benefits of a Common Monetary Policy in France and Germany and Possible Lessons for Monetary Union
Melitz, Jacques; Weber, Axel A - C.E.P.R. Discussion Papers - 1996
In order to study the costs/benefits of a monetary union between Germany and France, we attempt to go beyond a mere …, Germany would lose from any French participation in the setting of domestic monetary policy. By contrast, however, France …
Persistent link: https://www.econbiz.de/10005123945