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While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous growth model that reconciles the current aggregate...
Persistent link: https://www.econbiz.de/10010586070
effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
Persistent link: https://www.econbiz.de/10010928789
incentives and (b) innovation effects of the proposed remedy. We discuss the economic basis for the Commission’s claims that … and argue that the effects on innovation are not unambiguously negative as Microsoft claim. We conclude with some general … implications of the case for anti-trust enforcement in high innovation sectors. …
Persistent link: https://www.econbiz.de/10010746007
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/10011071158