Showing 1 - 10 of 24
How does a major financial network innovation influence firm performance? Despite muchspeculation we have little hard quantitative evidence about the impact of technology diffusionin financial services. In this paper we use the entire adoption history for SWIFT (the Societyfor Worldwide...
Persistent link: https://www.econbiz.de/10010744922
prices and diffusion. We address the question of non-random selection arising from cross-country differences in the timing of … be a substantial problem in cross-country studies on technology diffusion and yield biased estimates of the policy … variables of interest. Our estimation results suggest that standardization accelerates 2G entry and diffusion, although within …
Persistent link: https://www.econbiz.de/10010746333
more profitable, also speed up diffusion. The effects are robust to using instruments to control for endogeneity of policy … regimes. The results point to an important role for patents and other policy choices in driving the diffusion of new …
Persistent link: https://www.econbiz.de/10011126137
The authors discuss how scholars can bring theories of spatial policy dependence and empirical model specifications closer in line so that the empirical analysis actually tests the theoretical predictions. Comprehensive theories of spatial policy dependence typically suggest that the...
Persistent link: https://www.econbiz.de/10011071085
Previous studies of globalization’s effects on women’s rights have mostly focused on employment and wage ratios, but even if women’s earnings improve, they might suffer greater exploitation at work and at home. Further, these studies use general measures of a country’s openness to trade...
Persistent link: https://www.econbiz.de/10011071366
This paper provides a review and critical discussion of indicators, which attempt to combine the measurement of sustainability with that of well-being. It starts with some commonly agreed definitions of sustainability, showing how most well-being indicators tell us little if anything at all...
Persistent link: https://www.econbiz.de/10010745092
In this paper we propose a market consistent futures price dynamics model for cap-andtrade schemes, designed in the spirit of the European Union’s Emissions Trading Scheme (EU ETS). Historical price dynamics for the EU ETS suggest that, both, European emission Allowances (EUAs) and Certified...
Persistent link: https://www.econbiz.de/10010745195
Payments for environmental services (PES) schemes in developing countries face trade-offs between environmental and development objectives. This tension is inherent in cost effective direct PES since, by their very nature, they limit transfers to recipients. However, where recipients of PES are...
Persistent link: https://www.econbiz.de/10010745803
This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...
Persistent link: https://www.econbiz.de/10010745946
Putting a price on carbon is critical for climate change policy. Increasingly, policymakers combine multiple policy tools to achieve this, for example by complementing cap-and-trade schemes with a carbon tax, or with a feed-in tariff. Often, the motivation for doing so is to limit undesirable...
Persistent link: https://www.econbiz.de/10010745971