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pollution are low. In this case RJVs fully share information and internalize the associated externality. However when the level …
Persistent link: https://www.econbiz.de/10012471483
, and reduced corporate pollution among firms that (a) release the specific chemicals covered by Apex and (b) are close to … suggest that creditors rapidly responded to Apex and successfully induced firms to reduce pollution …
Persistent link: https://www.econbiz.de/10012938709
technologies which reduce the cost of pollution abatement. The innovating firm can patent this innovation and use a licensing fee … a pollution tax or a marketable permit. However, the returns to the innovator from innovation are not the same under the … to generate revenue. In a world of certainty, the first best level of innovation and abatement can be supported by either …
Persistent link: https://www.econbiz.de/10012462354
We investigate how nondemocratic regimes use the military and how this can lead to the emergence of military dictatorships. Nondemocratic regimes need the use of force in order to remain in power, but this creates a political moral hazard problem; a strong military may not simply work as an...
Persistent link: https://www.econbiz.de/10012464732
' decisions whether to innovate "clean" or "dirty". We first develop a step-by-step innovation model to capture the basic … quantify the theory, we bring together patent data, survey data on environmental values, and competition measures. Using a … green innovation as major increase in fuel prices …
Persistent link: https://www.econbiz.de/10012481879
technologies involving pulping. Differences between air and water pollution regulations also emerge, with the dirtiest technology … spending at existing plants. However, pollution abatement investment is significantly related to productive (non …
Persistent link: https://www.econbiz.de/10012472781
innovation--in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more … technologies. Carbon taxes and research subsidies may nonetheless encourage production and innovation in clean technologies, though …
Persistent link: https://www.econbiz.de/10012457923
the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which … innovation even in less specific Conventional topics. The results suggest that government (and perhaps private sector) innovation …
Persistent link: https://www.econbiz.de/10012510578
Using patent data from the United States, Japan, and Germany, this paper examines both the innovation and diffusion of … air pollution control equipment. Whereas the United States was an early adopter of stringent sulfur dioxide (SO2 … environmental regulations. Moreover, any technology transfer that occurs appears to be indirect. Domestic innovation occurs even for …
Persistent link: https://www.econbiz.de/10012468050
divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a … critical component of transitioning to a cleaner economy. Divestment could theoretically steer innovation by increasing the … investment opportunities. I argue that continuing to invest in dirty industries could drive green innovation conditional on …
Persistent link: https://www.econbiz.de/10014226139