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Fullerton, Don - 1996

We analyze alternative policies such as a disposal content fee, a subsidy for recyclable designs, unit pricing of household disposal, a deposit-refund system, and a manufacturer `take-back' requirement. In order to identify the problem being addressed, we build a simple general equilibrium model...

Persistent link: https://www.econbiz.de/10012473254

Environmental Engel Curves

Levinson, Arik - 2015

Environmental Engel curves (EECs) plot the relationship between households' incomes and the pollution embodied in the … are indirectly responsible for more pollution. Second, EECs are convex, with income elasticities of less than one. Third … pollution. We show that even without changes to production techniques, the pollution necessary to produce the goods and services …

Persistent link: https://www.econbiz.de/10012457752

Quality Disclosure and Certification : Theory and Practice

Dranove, David - 2010

This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...

Persistent link: https://www.econbiz.de/10012463006

Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry

Aghion, Philippe - 2012

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

Persistent link: https://www.econbiz.de/10012460065

Dynamic Modeling of the Product Life Cycle in the Commercial Mainframe Computer Market, 1968-1982

Greenstein, Shane M. - 1997

This research investigates product life cycles in the commercial mainframe computer market. We show that empirical studies conducted at the product level are useful for investigating processes underlying product life cycles. We use hazard models with time-varying covariates to estimate the...

Persistent link: https://www.econbiz.de/10012472687

Putting Things in Order : Patterns of Trade Dynamics and Growth

Feenstra, Robert C. - 1997

We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States...

Persistent link: https://www.econbiz.de/10012472846

Endogenous Product Cycles

Grossman, Gene M. - 1989

We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer. Competitive entrepreneurs in the North expend resources to bring out new products whenever expected present discounted value of future oligopoly profits exceeds current product...

Persistent link: https://www.econbiz.de/10012476141

Life Cycle Annuity Valuation

Bernheim, B. Douglas - 1984

In this paper, we argue that actuarial valuation of annuity benefit streams is theoretically inconsistent with the assumption of pure lifecycle motives. Instead, we show that the simple discounted value of future benefits (ignoring the possibility of death) is often a good approximation to the...

Persistent link: https://www.econbiz.de/10012477575

Wake Up and Smell the Ginseng : The Rise of Incremental Innovation in Low-Wage Countries

Puga, Diego - 2005

Increasingly, a small number of low-wage countries such as China and India are involved in innovation -- not `big ideas' innovation, but the constant incremental innovations needed to stay ahead in business. We provide some evidence of this new phenomenon and develop a model in which there is a...

Persistent link: https://www.econbiz.de/10012467107

The Product Cycle and Inequality

Jovanovic, Boyan - 2004

This paper models the product cycle and explains how it relates to world inequality. In the model, both phenomena arise because skilled people have a comparative advantage in making high-tech products. The model can explain up to a 10:1 income differential between people and up to a 7:1...

Persistent link: https://www.econbiz.de/10012467777

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