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This paper studies the consequences of parallel import (PI) on process innovation of firms heterogeneous in their …. The impact of PI on innovation is determined by the degree of heterogeneity between firms and trade costs. Increasing … market, hence increases its innovation efforts. A tariff policy accompanied by opening borders to PI only increases welfare …
Persistent link: https://www.econbiz.de/10008467324
In this chapter, Richard Harris points out that a traditional view has been that there is an inherent conflict between economic efficiency and social equality, a view neatly summarized in the title of Okun's famous book, Equality and Efficiency: The Big Trade-off (1975). This view gained renewed...
Persistent link: https://www.econbiz.de/10005650204
Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of productivity for the advancement of various aspects of social...
Persistent link: https://www.econbiz.de/10005518911
In this paper we consider a model with two industrialised countries and immigrants that come from “the rest of the world”. The countries are distinguished on the basis of three parameters: population size, bias towards immigrants, and production complementarity between native population and...
Persistent link: https://www.econbiz.de/10005570317
This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and allowance allocations in the first trading year. Those data, released on May 15, 2006, and subsequent updates revealed that CO2 emissions were about 4% lower than the allocated...
Persistent link: https://www.econbiz.de/10005230894
With the release of the verified emissions for installations covered by the EU Emissions Trading Scheme for the first trading year 2005 we are able to compare actual emissions and allowances for each installation. Based on data available for 24 Member States as of January 2007, this paper uses a...
Persistent link: https://www.econbiz.de/10005570245
In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and...
Persistent link: https://www.econbiz.de/10008489603