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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10010262477

Gotta catch 'em all : CCUS with endogenous technical change

Bazzana, Davide; Comincioli, Nicola; Gusperti, Camilla; … - 2023

Carbon Capture Utilization and Storage (CCUS) stands as a pivotal technology crucial for achieving the most ambitious climate objectives. Despite its prominent inclusion in energy mix projections, its current deployment falls short of the requisite level. Additionally, uncertainties surrounding...

Persistent link: https://www.econbiz.de/10014438553

Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron; Autor, David; Dorn, David; Hanson, … - 2014

An increasingly influential technological-discontinuity paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some limited...

Persistent link: https://www.econbiz.de/10010333318

Carbon taxes, path dependency and directed technical change : evidence from the auto industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

Persistent link: https://www.econbiz.de/10009687266

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10010262488

Learning by doing vs learning by researching in a model of climate change policy analysis

Castelnuovo, Efrem; Galeotti, Marzio; Gambarelli, Gretel; … - 2003

Many predictions and conclusions in climate change literature have been made on the basis of theoretical analyses and quantitative models that assume exogenous technological change. One may wonder if those policy prescriptions hold in the more realistic case of endogenously evolving...

Persistent link: https://www.econbiz.de/10011589830

The future prospect of PV and CSP solar technologies : an expert elicitation survey

Bosetti, Valentina; Catenacci, Michela; Fiorese, Giulia; … - 2012

In this paper we present and discuss the results of an expert elicitation survey on solar technologies. Sixteen leading European experts from the academic world, the private sector and international institutions took part in this expert elicitation survey on Photovoltaic (PV) and Concentrated...

Persistent link: https://www.econbiz.de/10009486591

Innovation benefits from nuclear phase-out : can they compensate the costs?

De Cian, Enrica; Carrara, Samuel; Tavoni, Massimo - 2012

available low carbon mitigation options, can promote innovation in new technologies and eventually generate welfare gains. We … due to both climate and innovation market failures. Our results show that phasing out nuclear power stimulates additional … R&D investments and deployment of infant technologies with large learning potential. The innovation benefits which this …

Persistent link: https://www.econbiz.de/10009687340

International energy R&D spillovers and the economics of greenhouse gas atmospheric stabilzation

Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele; … - 2007

Persistent link: https://www.econbiz.de/10003543926

Optimal timing of environmental policy : interaction between environmental taxes and innovation externalities

Gerlagh, Reyer (contributor); Kverndokk, Snorre (contributor) - 2007

Persistent link: https://www.econbiz.de/10003544039