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This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...
Persistent link: https://www.econbiz.de/10008468637
implementation in the EU are determined. We find that (1) implemented budgetary adjustment falls systematically short of planned …
Persistent link: https://www.econbiz.de/10005041099
well as between fiscal policy of the EU countries and the other OECD countries. In particular, the EU countries react in a …-cyclical. However, ex ante fiscal policy is a-cyclical for the EU countries and counter-cyclical for the other countries. …
Persistent link: https://www.econbiz.de/10005791832