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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 … panel of British companies, I show that the European carbon market - the world's largest cap-and-trade program - has …
Persistent link: https://www.econbiz.de/10012925254
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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
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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 …-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the …
Persistent link: https://www.econbiz.de/10012754962
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Shedding Light on the Spatial Diffusion of Disasters
Felbermayr, Gabriel J. - 2018
Climate research suggests that global warming will lead to more frequent and more extreme natural disasters. Most disasters are local events with effects on local economic growth. Hence, assessing their economic impacts with the help of econometric country-level analysis may lead to biased...
Persistent link: https://www.econbiz.de/10012912423
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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 …
Persistent link: https://www.econbiz.de/10013315467
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Product versus Process : Innovation Strategies of Multi-Product Firms
Flach, Lisandra - 2015
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in … between the returns to innovation. In differentiated industries, cannibalization is lower and firms invest more in product … innovation. In homogeneous industries, firms internalize intra-firm spillovers and invest more in process innovation. We test …
Persistent link: https://www.econbiz.de/10013020507
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Commodity Windfalls, Polarization, and Net Foreign Assets : Panel Data Evidence on the Voracity Effect
Arezki, Rabah - 2013
This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign...
Persistent link: https://www.econbiz.de/10013092044
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Structural Reforms, Growth and Inequality : An Overview of Theory, Measurement and Evidence
Campos, Nauro F. - 2018
This paper provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between structural...
Persistent link: https://www.econbiz.de/10012927189
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A Rise By Any Other Name? Sensitivity of Growth Regressions to Data Source
Hanousek, Jan - 2008
Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...
Persistent link: https://www.econbiz.de/10012773476
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Measurement Error in Education and Growth Regressions
Portela, Miguel - 2008
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10012774497