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The cost of environmental policy under induced technical change

Smulders, Sjak; Di Maria, Corrado - 2012

. The second issue is whether environmental policy increases or decreases total investment and innovation. Even when … rate of innovation, which crowds out production and consumption, and thus makes environmental policy more costly. Finally … ; innovation policy ; induced technical change ; pollution-saving technical change ; pollution-using technical change ; crowding …

Persistent link: https://www.econbiz.de/10009571022

Green paradox and directed technical change : the effect of subsidies to clean R&D

Daubanes, Julien; Grimaud, André; Rougé, Luc - 2013

improvements in resource substitutes accelerate resource extraction. Sector-specific innovation activities are tantamount to …

Persistent link: https://www.econbiz.de/10009769158

The search for abatement technologies in the Alberta oil sands

Nimubona, Alain-Désiré; Chakravorty, Ujjayant; Leach, … - 2014

standard. We also show that while expected incentives for innovation are comparable under emissions taxes and tradeable permit …

Persistent link: https://www.econbiz.de/10010349873

Green technology adoption, complexity, and the role of public policy : a simple theoretical model

Dhami, Sanjit S. - 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/10014251250

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/10014463535

The domestic segment of global supply chains in China under state capitalism

Tang, Heiwai; Wang, Fei; Wang, Zhi - 2014

estimate direct and indirect domestic value added in exports of different types of firm. We find that in China, both state … downstream within industries. These findings suggest that SOEs still play an important role in shaping China's exports. …

Persistent link: https://www.econbiz.de/10010354838

The effect of tax havens on host country welfare

Gresik, Thomas A.; Schindler, Dirk; Schjelderup, Guttorm - 2015

Multinational corporations can shift income into low-tax countries through transfer pricing and debt financing. While most developed countries use thin capitalization rules to limit the extent to which a subsidiary can be financed with internal debt, a number of developing countries do not. In...

Persistent link: https://www.econbiz.de/10010509595

The economics of a multilateral investment agreement

Che, Jiahua; Willmann, Gerald - 2009

This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...

Persistent link: https://www.econbiz.de/10003808670

World market access of emerging-market firms : the role of foreign ownership and access to external finance

Raff, Horst; Trofimenko, Natalia - 2013

This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...

Persistent link: https://www.econbiz.de/10009772816

Automation, global value chains and functional specialization

Fontagné, Lionel; Reshef, Ariell; Santoni, Gianluca; … - 2023

through which rapid robotization in China shaped robotization in Europe and, therefore, GVC participation. This highlights an … understudied way by which the global integration of China has affected relative demand for labor in its trading partners. …

Persistent link: https://www.econbiz.de/10013549118