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Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D
Popp, David - 2009
Recent efforts to endogenize technological change in climate policy models demonstrate the importance of accounting for the opportunity cost of climate R&D investments. Because the social returns to R&D investments are typically higher than the social returns to other types of investment, any...
Persistent link: https://www.econbiz.de/10012463226
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The Economics of Biodiversity Loss
Giglio, Stefano; Kuchler, Theresa; Stroebel, Johannes; … - National Bureau of Economic Research - 2024
We explore the economic effects of biodiversity loss by developing an ecologically-founded model that captures how different species interact to deliver the ecosystem services that complement other factors of economic production. Aggregate ecosystem services are produced by combining several...
Persistent link: https://www.econbiz.de/10014635641
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Consumption Externalities and Diffusion in Pharmaceutical Markets : Antiulcer Drugs
Berndt, Ernst R. - 2000
We examine the role of consumption externalities in the demand for pharmaceuticals at both the brand level and over a … equations describing the dynamic adjustment process. We find that consumption externalities influence both valuations and rates …
Persistent link: https://www.econbiz.de/10012470978
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Tax Externalities of Equity Mutual Funds
Shoven, John B. - 2000
capital gain position of the fund. This paper's simulations show that these externalities are important determinants of the …
Persistent link: https://www.econbiz.de/10012471098
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External Treatment Effects and Program Implementation Bias
Philipson, Tomas J. - 2000
This paper discusses the definition and identification of external treatment effects and experimental designs capable of detecting these effects. External effects occur when the outcome of a given individual is affected by the treatment assignments of other individuals. The paper argues that...
Persistent link: https://www.econbiz.de/10012471322
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Preference Externalities : An Empirical Study of Who Benefits Whom in Differentiated Product Markets
Waldfogel, Joel - 1999
externalities', an increase in the size of the market brings forth additional products valued by others with similar tastes. But who … benefits whom? We examine the patterns of and mechanisms for preference externalities between black and white and between … preference externalities are large and positive within groups, they are small and possibly negative across groups. For example …
Persistent link: https://www.econbiz.de/10012471394
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The Environmental Regime in Developing Countries
Jha, Raghbendra - 1999
This paper discusses the environmental externalities that are commonly found in the developing world (the environmental …
Persistent link: https://www.econbiz.de/10012471479
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Vertical Externalities in Tax Setting : Evidence from Gasoline and Cigarettes
Besley, Timothy J. - 1999
A common feature of federal systems is that tax bases are joint property. Consequently, state and federal tax setting decisions are interdependent. Our aim here is to put forward a rudimentary theoretical analysis of this phenomenon, and to use the theory as a framework for econometrically...
Persistent link: https://www.econbiz.de/10012471813
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Policy with Stochastic Hysteresis
Riabov, Georgii; Tsyvinski, Aleh - National Bureau of Economic Research - 2021
The paper develops a general methodology for analyzing policies with path-dependency (hysteresis) in stochastic models with forward looking optimizing agents. Our main application is a macro-climate model with a path-dependent climate externality. We derive in closed form the dynamics of the...
Persistent link: https://www.econbiz.de/10012510590
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Empathy and the Efficient Provision of Public Goods
Heal, Geoffrey - National Bureau of Economic Research - 2021
I consider the effect of empathy towards others on the internalization of interpersonal externalities and on private …
Persistent link: https://www.econbiz.de/10012629475