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When studying solutions to long-term environmental problems such as climate change, it is important to consider the role that technological change may play. Nonetheless, to date few economic models of climate change explicitly model the link between policy and technological change. There is a...
Persistent link: https://www.econbiz.de/10012468719
Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of environmental policy treat technology as exogenous. For long-term problems such as climate change, this omission can be significant. In this paper, I modify the DICE model of...
Persistent link: https://www.econbiz.de/10012468936
The challenge of mitigating climate change has focused recent attention on basic scientific research feeding into the development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping processes involving: (1) the production of scientific...
Persistent link: https://www.econbiz.de/10012481080
Reducing emissions of the greenhouse gases that cause climate change will require dramatic changes in the way that energy is produced and consumed. The cost of technological changes such as alternative energy sources and improved energy efficiency will play a large role in determining the...
Persistent link: https://www.econbiz.de/10012462979
Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...
Persistent link: https://www.econbiz.de/10012463815
Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently been introduced in policy models of energy and global warming economics to make the process of technological change endogenous. It is not widely appreciated that this is a...
Persistent link: https://www.econbiz.de/10012464011
Tile drainage was first demonstrated in the United States in 1835 as a method to adapt agriculture to excessive water … in soils. Subsequently, innovations in coordinated drainage enterprises, engineering, and tile manufacture led to … drainage over large portions of the U.S. Midwest and Southeast. Of the 215 million acres of wetlands estimated to have existed …
Persistent link: https://www.econbiz.de/10013210109
Variation in technology adoption is a key driver of differences in productivity. Previous studies sought to explain variations in technology adoption by heterogeneity in profitability, costs of adoption, or other factors. Less is known about how adoption is affected by bias in the perceived...
Persistent link: https://www.econbiz.de/10013361999
This paper develops a 17-region, 3-skill group, overlapping generations, computable general equilibrium model to evaluate the global consequences of automation. Automation, modeled as capital- and high-skill biased technological change, is endogenous with regions adopting new technologies when...
Persistent link: https://www.econbiz.de/10012629440
In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many firms this advantage remains elusive....
Persistent link: https://www.econbiz.de/10012696370