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Timing of Technology Adoption and Product Market Competition

Milliou, Chrysovalantou; Petrakis, Emmanuel - 2021

This paper examines how product market competition affects firms’ timing of adopting a new technology as well as … but also among markets with Cournot and Bertrand competition. More specifically, Cournot competition can lead to earlier … adoption than Bertrand competition. It shows also that competition toughness does not always reinforce adoption incentives …

Persistent link: https://www.econbiz.de/10013316352

The Cost of Environmental Policy Under Induced Technical Change

Smulders, Sjak - 2013

Conventional wisdom argues that environmental policy is less costly if environmental policy induces the development of cleaner technologies. In contrast to this argument, we show that the cost of environmental policy (a reduction in emissions) may be larger with induced technical change than...

Persistent link: https://www.econbiz.de/10013090604

Optimal Monitoring to Implement Clean Technologies when Pollution is Random

Macho-Stadler, Ines; Pérez-Castrillo, David - 2021

We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...

Persistent link: https://www.econbiz.de/10013317105

Green Skills

Vona, Francesco - 2015

The catchword ‘green skills' has been common parlance in policy circles for a while, yet there is little systematic empirical research to guide public intervention for meeting the demand for skills that will be needed to operate and develop green technology. The present paper proposes a...

Persistent link: https://www.econbiz.de/10013023123

Intermediate Goods Trade, Technology Choice and Productivity

Peng, Shin Kun - 2016

We develop a dynamic model of intermediate goods trade in which the pattern and the extent of intermediate goods trade are endogenous. We consider a small open economy whose final good production employs an endogenous array of intermediate goods, from low technology (high cost) to high...

Persistent link: https://www.econbiz.de/10013001169

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

Employment Protection versus Flexicurity : On Technology Adoption in Unionised Firms

Lommerud, Kjell Erik; Straume, Odd Rune - 2021

We analyse how different labour market institutions - employment protection versus flexicurity - affect technology adoption in unionised firms. We consider both trade unions' incentives to oppose or endorse labour-saving technology, and firms' incentives to invest in such technology. We find...

Persistent link: https://www.econbiz.de/10013316440

The Monopolistic Polluter Under Environmental Liability Law : Incentives for Abatement and R&D

Endres, Alfred - 2013

This paper analyzes the output, abatement, and investment decisions made by a monopolistic polluter under environmental liability law. The model applied considers both integrated and end-of-pipe abatement technologies. We find that in the case of fixed technology, in many instances negligence...

Persistent link: https://www.econbiz.de/10013092076

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

Compliance Technology and Self-Enforcing Agreements

Harstad, Bård - 2015

We analyze a repeated game in which countries are polluting as well as investing in technologies. While folk theorems point out that the first best can be sustained as a subgame-perfect equilibrium when the players are sufficiently patient, we derive the second best equilibrium when they are...

Persistent link: https://www.econbiz.de/10013011799

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