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Green Technology Adoption under Uncertainty, Increasing Returns, and Complex Adaptive Dynamics
Dhami, Sanjit; Zeppini, Paolo - 2024
We consider firms' choices between a clean technology that benefits, and a dirty technology that harms, the environment. Green firms are more suited to the clean, and brown firms are more suited to the dirty technology. We use a model derived from complexity theory that takes account of true...
Persistent link: https://www.econbiz.de/10014534298
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Green Technology Adoption, Complexity, and the Role of Public Policy: A Simple Theoretical Model
Dhami, Sanjit - 2023
We consider technology choices between green and brown technologies by firms. We use insights from complexity theory and also take account of true uncertainty in designing public policy. The green technology offers relatively higher returns to scale from adoption, and there are type-contingent...
Persistent link: https://www.econbiz.de/10014290274
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Nighttime Lights as a Proxy for Human Development at the Local Level
Bruederle, Anna; Hodler, Roland - 2017
Nighttime lights are increasingly used by social scientists as a proxy for economic activity and economic development in subnational spatial units. However, so far, our understanding of what nighttime lights capture is limited. We construct local indicators of household wealth, education and...
Persistent link: https://www.econbiz.de/10011698722
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Complexity and Choice
Salant, Yuval; Spenkuch, Jörg L. - 2021
We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity, which corresponds to the difficulty in evaluating any given alternative in a choice set. The second dimension is composition complexity, which increases when suboptimal...
Persistent link: https://www.econbiz.de/10013216248
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Complexity and Time
Enke, Benjamin; Graeber, Thomas; Oprea, Ryan - 2023
We provide experimental evidence that core intertemporal choice anomalies – including extreme short-run impatience, structural estimates of present bias, hyperbolicity and transitivity violations – are driven by complexity rather than time or risk preferences. First, all anomalies also arise...
Persistent link: https://www.econbiz.de/10014358834
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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver - 2007
The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10010264240
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The impact of continuous training on a firm's innovations
Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - 2008
Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …
Persistent link: https://www.econbiz.de/10010264329
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Environmental policy design and the fragmentation of international markets for innovation
Johnstone, Nick; Hascic, Ivan - 2009
environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of … aspects of product and labour market regulation which have implications for technological innovation, such as product and …
Persistent link: https://www.econbiz.de/10010266020
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Experience, innovation and productivity: Empirical evidence from Italy's slowdown
Daveri, Francesco; Parisi, Maria Laura - 2010
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10010270508
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Technological imitation and innovation in New European Union Markets
Uzagalieva, Ainura; Kocenda, Evézen; Menezes, Antonio - 2010
We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development-innovation and imitation …-are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level. Specific …
Persistent link: https://www.econbiz.de/10010270539