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The Short-Run Effects of GDPR on Technology Venture Investment
Jia, Jian - 2018
The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures, relative to their US counterparts. The negative...
Persistent link: https://www.econbiz.de/10012480899
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The Impact of Trade Liberalization on Firm Productivity and Innovation
Shu, Pian - 2018
This chapter reviews the empirical economics literature on the impact of trade liberalization on firms' innovation … levels. In emerging countries, trade liberalization appears to spur productivity and innovation. In developed countries …, export opportunities and access to imported intermediates tend to encourage innovation, but the evidence on import …
Persistent link: https://www.econbiz.de/10012453005
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The Long-Term Effects of Industrial Policy
Choi, Jaedo; Levchenko, Andrei A. - National Bureau of Economic Research - 2021
This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...
Persistent link: https://www.econbiz.de/10012629483
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Getting Cars Off the Road : The Cost-Effectiveness of an Episodic Pollution Control Program
Cropper, Maureen L. - 2010
Ground-level ozone remains a serious problem in the United States. Because ozone non-attainment is a summer problem, episodic rather than continuous controls of ozone precursors are possible. We evaluate the costs and effectiveness of an episodic scheme that requires people to buy permits to...
Persistent link: https://www.econbiz.de/10012462747
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Using Tax Expenditures to Achieve Energy Policy Goals
Metcalf, Gilbert E. - 2008
Tax expenditures are a major source of support for energy related activities in the federal budget exceeding direct budget support for energy by a factor of nearly six. Focusing on the policy goals of reducing greenhouse gas emissions and petroleum consumption, I find these tax expenditures...
Persistent link: https://www.econbiz.de/10012464894
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Data Privacy and Temptation
Liu, Zhuang - 2020
This paper derives a preference for data privacy from consumers' temptation utility. This approach facilitates a welfare analysis of different data privacy regulations, such as the GDPR enacted by the European Union and the CCPA enacted by the state of California, when a fraction of the...
Persistent link: https://www.econbiz.de/10012481201
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The Unequal Economic Consequences of Carbon Pricing
Känzig, Diego R. - National Bureau of Economic Research - 2023
emissions and more green innovation. This comes at the cost of a fall in economic activity, which is borne unequally across …
Persistent link: https://www.econbiz.de/10014287322
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The Costs and Benefits of Fiscal Rules : Evidence from U.S. States
Alesina, Alberto - 1996
This paper shows that in American states balanced budget rules are effective in enforcing fiscal discipline but they have no costs in terms of increased output variability. More specifically, we show that tighter fiscal rules are associated with larger average surplus and lower cyclical...
Persistent link: https://www.econbiz.de/10012473231
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Quantifying the Life-cycle Benefits of a Prototypical Early Childhood Program
García, Jorge Luis - 2017
This paper quantifies the experimentally evaluated life-cycle benefits of a widely implemented early childhood program targeting disadvantaged families. We join experimental data with non-experimental data using economic models to forecast its life-cycle benefits. Our baseline estimate of the...
Persistent link: https://www.econbiz.de/10012455202
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What is the Marginal Benefit of Payment-Induced Family Care?
Coe, Norma B. - 2016
Research on informal and formal long-term care has centered almost solely on costs; to date, there has been very little attention paid to the benefits. This study exploits the randomization in the Cash and Counseling Demonstration and Evaluation program and instrumental variable techniques to...
Persistent link: https://www.econbiz.de/10012456427