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they yield, and their purchase price increases with the per-period benefits provided. We introduce a subsidy on the more … expensive technologies (that also yield the larger per-period benefits), and find that the subsidy scheme induces agents to … search for and adopt these more expensive technologies even though the subsidy itself is too small to render these …
Persistent link: https://www.econbiz.de/10011372970
Up to now a clear theoretical and methodological framework for economic-environmental analysis of environmentally damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at achieving a certain (often non-environmental) goal that...
Persistent link: https://www.econbiz.de/10011335220
As part of the Kyoto Protocol, many countries have committed themselves tosubstantially reduce the emission of greenhouse gases within a politically imposed timeconstraint. Investment subsidies can be an important instrument to stimulate the adoption ofenergy-saving technologies to achieve...
Persistent link: https://www.econbiz.de/10011333267
health insurance. A premium subsidy had a persistent effect on enrollment that is more than four fifths of the immediate … subsidy persuaded those with higher initial willingness to pay to enroll and keep enrolling, while application assistance …
Persistent link: https://www.econbiz.de/10012122550
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In the economics profession there is a fierce debate whether industrial and innovation policy should be targeted to specific sectors or firms. This paper discusses the welfare effects of such targeted policies from the perspective of strategic game theory of the firm. A theoretical case for...
Persistent link: https://www.econbiz.de/10011377579