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This paper analyses two aspects of environmental regulations triggered by ecoinnovations. First, whether there are long term effects of regulation on innovation. Second, whether the impact of different types of regulation differ by type of the environmental benefit of the innovations. To answer...
Persistent link: https://www.econbiz.de/10010302594
This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …
Persistent link: https://www.econbiz.de/10010262909
This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …
Persistent link: https://www.econbiz.de/10010317622
Im Rückgriff auf die Innovationsforschung wird ein Ansatz für eine gemeinsame Sprache und eine konsistente Systematik für Innovationen im Umweltbereich entwickelt. Dazu werden einige allgemeine Begriffsdefinitionen der Innovationsforschung erläutert, der Begriff Umweltinnovation eingeführt...
Persistent link: https://www.econbiz.de/10010299602
Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...
Persistent link: https://www.econbiz.de/10010297796
Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...
Persistent link: https://www.econbiz.de/10010297571
A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...
Persistent link: https://www.econbiz.de/10010298081
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10010306611
Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission allowances to energy-intensive industries in order to ameliorate adverse production and employment effects. We investigate the potential trade-off between such compensation and...
Persistent link: https://www.econbiz.de/10010297282
The aim of this paper is to describe and discuss the weak and strong sustainability approach of assessing climate change and to show reasonable applications, weaknesses, possible improvements and linkages of both approaches. Main features of ?weak? and ?strong? sustainability approaches are...
Persistent link: https://www.econbiz.de/10010298002