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Using the Salop Circle to Study Scale Effects in Schumpeterian Growth Models : Why Inter-Sectoral Knowledge Diffusion Matters

Gray, Elie - 2016

This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...

Persistent link: https://www.econbiz.de/10012984503

The Lindahl Equilibrium in Schumpeterian Growth Models : Knowledge Diffusion, Social Value of Innovations and Optimal R&D Incentives

Gray, Elie - 2014

What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...

Persistent link: https://www.econbiz.de/10013056813

Cross-Country Income Differences and Technology Diffusion in a Competitive World

Irmen, Andreas - 2012

policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …

Persistent link: https://www.econbiz.de/10012754962

Carbon Emissions Scenarios in Europe Based on an Endogenous Growth Model

Ciesielski, Anna - 2014

Carbon dioxide emissions are a major force driving climate change. We construct scenarios of CO2 emissions from fossil energy until 2100 in Europe. Major innovations are first that economic growth is based on an endogenous economic growth model and second that we calibrate our model to...

Persistent link: https://www.econbiz.de/10013046062

Adopt or Innovate : Understanding Technological Responses to Cap-and-Trade

Calel, Raphael - 2018

Environmental regulations have consistently been found to spur innovation in ‘clean' technologies, with one significant … effect on innovation. Several explanations have been offered, including secondary market failures and a lack of polluter …, contrary to past experience, encouraged innovation rather than adoption. I discuss how these contrasting findings can be …

Persistent link: https://www.econbiz.de/10012925254

Engineering Growth : Innovative Capacity and Development in the Americas

Maloney, William F.; Valencia Caicedo, Felipe - 2021

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...

Persistent link: https://www.econbiz.de/10013315467

Unilateral Climate Policy, Asymmetric Backstop Adoption, and Carbon Leakage in a Two-Region Hotelling Model

van der Werf, Edwin - 2015

We study backstop adoption and carbon dioxide emission paths in a two-region model with unilateral climate policy and non-renewable resource consumption. The regions have an equal endowment of the internationally tradable resource and a backstop technology. We first study the case of a...

Persistent link: https://www.econbiz.de/10013039172

Green Technology Adoption and the Business Cycle

Bourgeon, Jean-Marc - 2017

We analyze the adoption of green technology in a dynamic economy affected by random shocks where demand spillovers are the main driver of technological improvements. Firms' beliefs and consumers' anticipations drive the path of the economy. We derive the optimal policy of investment subsidy and...

Persistent link: https://www.econbiz.de/10012953960

Renewable Technology Adoption and the Macroeconomy

Adão, Bernardino - 2017

We study the effect of technological progress on the optimal transition to a renewable energy-fueled world economy. We develop a dynamic general equilibrium model where energy is used as an input in production and can come from fossil or renewable sources. Both require the use of capital, which...

Persistent link: https://www.econbiz.de/10012960106

Heterogeneous Technology Diffusion and Ricardian Trade Patterns

Kerr, William - 2019

Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...

Persistent link: https://www.econbiz.de/10012902445