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 … panel of British companies, I show that the European carbon market - the world's largest cap-and-trade program - has …

In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in … allows allocating investments by asset type to each industry, using an investment flow matrix. The database enables … investments. We describe the structure and methodology of the database and illustrate its variety and strengths by looking at some …

We study the effect of technological progress on the optimal transition to a renewable energy-fueled world economy. We …, together with policy that promotes new renewable technologies. We calibrate our model using world-economy data and characterize …

policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the …

different regions of the world? Does the speed of innovation increase? Or do free-riding incentives prevail and international … economic growth; hence, any better understanding of the process of technological innovation is likely to increase our knowledge … regional model of the world economy, in which energy technical change is endogenous. The focus is on disembodied energy Ramp …