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Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - C.E.P.R. Discussion Papers - 2012

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

Persistent link: https://www.econbiz.de/10011084407

The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India

Aghion, Philippe; Burgess, Robin; Redding, Stephen J.; … - C.E.P.R. Discussion Papers - 2006

This paper investigates whether the effects, on registered manufacturing output, employment, entry and investment, of dismantling the 'license raj' - a system of central controls regulating entry and production activity in this sector - vary across Indian states with different labour market...

Persistent link: https://www.econbiz.de/10005114468

Dams

Duflo, Esther; Pande, Rohini - C.E.P.R. Discussion Papers - 2005

large dams in India. To account for endogenous placement of dams we use GIS data and the fact that river gradient affects a … estimates suggest that large dam construction in India is a marginally cost-effective investment with significant distributional …

Persistent link: https://www.econbiz.de/10005656412

Endogenous Innovation Spillovers and Technology Policy

Katsoulacos, Yannis; Ulph, David - C.E.P.R. Discussion Papers - 1996

We examine a model of R&D competition and cooperation in the presence of spillovers. Unlike virtually all the literature, however, we treat these spillovers as endogenous and under the control of firms. We show that it is then essential to make a number of distinctions that are ignored in the...

Persistent link: https://www.econbiz.de/10005136627

Complementarity, Growth and Trade

Honkapohja, Seppo; Turunen-Red, Arja - C.E.P.R. Discussion Papers - 1999

We consider an endogenous growth model that includes international trade in capital goods. The model yields several distinct balanced growth solutions that can be classified using stability under adaptive learning. Some of the equilibria can involve growth rates much higher (or lower) than...

Persistent link: https://www.econbiz.de/10005067638

The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms

Siebert, Ralph - C.E.P.R. Discussion Papers - 2003

This Paper analyses the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested in investigating various consequences of government subsidies for R&D, provided to firms that offer products of different qualities. This study examines the incentives of...

Persistent link: https://www.econbiz.de/10005504784

Product Standards Coalitions in a Market without Borders

Casella, Alessandra - C.E.P.R. Discussion Papers - 1997

Traditional analyses of standards in international trade identify standards as government regulations and investigate the potential for distortion of trade flows. In reality, however, private industry groups exercise critical influence on the determination of technical standards. The composition...

Persistent link: https://www.econbiz.de/10005498057

A Green Light for Environment, or a Green Light for Protection? The EU-US Dispute Over US Corporate Average Fuel Economy Regulations

Francois, Joseph; Nordström, Håkan - C.E.P.R. Discussion Papers - 1996

The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a certain fleet average fuel economy on sales of new passenger cars. Analysing the incentive effects of CAFE, we find that it affords differential tax treatment to car models with...

Persistent link: https://www.econbiz.de/10005504591

Liability for Past Environmental Contamination and Privatization

Earnhart, Dietrich - C.E.P.R. Discussion Papers - 2000

This paper examines the role of liability for past environmental contamination in the privatization processes of Central and Eastern Europe. The theoretical section establishes a link between a risk-averse investor’s amount of information regarding the extent of past environmental...

Persistent link: https://www.econbiz.de/10005504606

Free Trade and Evolving Standards

Casella, Alessandra - C.E.P.R. Discussion Papers - 1995

Because standards and regulations respond to a society's demand for specific public goods, we expect them to be shaped by preferences, endowments, technologies - the fundamental determinants of this demand. There is no a priori reason why standards should be equal in different societies. This...

Persistent link: https://www.econbiz.de/10005504612

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