Showing 1 - 10 of 19
, highlighting research published during the past decade, with a focus on empirical research examining links between environmental …&D spending. My review concludes with a discussion of three promising areas for new research on environmental innovation …
Persistent link: https://www.econbiz.de/10012890906
As countries reform their patent laws to be in compliance with the Trade Related Intellectual Property Rights Agreement, an important question is how increased patent protection will affect drug prices in low-income countries. Using pharmaceutical trade data from 1996 to 2005, we examine the...
Persistent link: https://www.econbiz.de/10013067622
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/10013243611
technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …
Persistent link: https://www.econbiz.de/10013216875
The mix of public and private research funding investments in alternative energy presents a challenge for isolating the … for energy R&D to provide successful research outcomes. We both provide information on the lags between research funding … publication. Second, we ask whether adjustment costs associated with large increases in research funding result in diminishing …
Persistent link: https://www.econbiz.de/10013018316
The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent per year in the business sector. Yet the pandemic appears to have created a resurgence in productivity growth with a 4.1 percent rate achieved in the four quarters of 2020. This...
Persistent link: https://www.econbiz.de/10014080444
The Phillips curve was init-ally formulated as a relationship between the rate of change and unemployment, yet what matters for stabilization policy is the rate of inflation, not the rate of wage change. This paper provides new estimates of Phillips curves for both prices and wages extending...
Persistent link: https://www.econbiz.de/10013218329
The impacts of two recent changes in US patent policy depend on the length of time it takes for an invention to go through the examination process. Concerns over the distributional effects of these changes were expressed during policy debates. We use data on U.S. patent applications and grants...
Persistent link: https://www.econbiz.de/10013220777
This paper argues that rigid wages cannot provide the underpinnings of a universally valid theory of the business cycle, simply because wages are not universally rigid. Several different statistical techniques suggest that wage rates in the U.K. and Japan are between three and 15 times more...
Persistent link: https://www.econbiz.de/10013239186
This paper assesses the standard data on output, labor input, and capital input, which imply one big wave' in multi-factor productivity (MFP) growth for the United States since 1870. The wave-like pattern starts with slow MFP growth in the late 19th century, then an acceleration peaking in...
Persistent link: https://www.econbiz.de/10013243368