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From Socialist Showcase to Mezzogiorno? Lessons on the Role of Technical Change from East Germany'S Post-World War Ii Growth Performance
Keller, Wolfgang - 2021
In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was excessively focused on physical capital investments...
Persistent link: https://www.econbiz.de/10013247645
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Mirage on the Horizon : Geoengineering and Carbon Taxation Without Commitment
Acemoglu, Daron - 2018
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10012924470
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Energy, the Environment, and Technological Change
Popp, David; Newell, Richard G.; Jaffe, Adam B. - 2021
Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...
Persistent link: https://www.econbiz.de/10013220009
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Technology, International Trade, and Pollution from U.S. Manufacturing
Levinson, Arik - 2014
Total pollution emitted by U.S. manufacturers declined over the past 30 years by about 60 percent, even though real …, which itself may result from increased net imports of pollution-intensive goods (quot;international tradequot;). I first … show that most of the decline in pollution from U.S. manufacturing has been the result of changing technology, rather than …
Persistent link: https://www.econbiz.de/10012751730
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Endogenizing Technological Change : Matching Empirical Evidence to Modeling Needs
Pizer, William A. - 2012
Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...
Persistent link: https://www.econbiz.de/10012755385
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Innovation-Led Transitions in Energy Supply
Lemoine, Derek - 2017
I generalize a benchmark model of directed technical change to allow innovations and factors of production (here energy resources) to be substitutes or complements. I show that a dominant sector is forever locked-in under substitutability but researchers' market incentives can drive a transition...
Persistent link: https://www.econbiz.de/10012955939
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Technological Progress and Economic Transformation
Greenwood, Jeremy; Seshadri, Ananth - 2021
Growth theory can go a long way toward accounting for phenomena linked with U.S. economic development. Some examples are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise in skill since 1800, (iii) the demise of child labor...
Persistent link: https://www.econbiz.de/10013225588
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Technology, Unemployment, and Relative Wages in a Global Economy
Davis, Donald R. - 2021
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the … impact of technical change on relative wages and unemployment in a world in which one country has flexible and the other …
Persistent link: https://www.econbiz.de/10013226172
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Technology, Unemployment, and Inflation
Mincer, Jacob; Danninger, Stephan - 2021
We explore the response of employment (unemployment) skill differentials to skill-biased shifts in demand touched off … by the new and spreading technologies. We find that skill differentials in unemployment follow at least in part the same … differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment …
Persistent link: https://www.econbiz.de/10013228613
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Trade Sensitivity, Technology, and Labor Displacement
Addison, John T.; Fox, Douglas A.; Ruhm, Christopher J. - 2021
displacement, using data on displaced workers as well as those at risk of job dislocation for 1984-86 and 1989-91. Workers employed …
Persistent link: https://www.econbiz.de/10013228623