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The Price Impact of Joining a Currency Union : Evidence from Latvia

Cavallo, Alberto - 2014

consumption goods. We consider the case of Latvia, which recently dropped its pegged exchange rate and joined the euro zone. We … between Latvia and euro zone countries collapsed swiftly following entry to the euro. The percentage of goods with nearly … identical prices in Latvia and Germany increased from 6 percent to 89 percent. The median size of price differentials declined …

Persistent link: https://www.econbiz.de/10012458441

The role of Venture Capital and Governments in Clean Energy : Lessons from the First Cleantech Bubble

Heuvel, Matthias van den; Popp, David - National Bureau of Economic Research - 2022

After a boom and bust cycle in the early 2010s, venture capital (VC) investments are, once again, flowing towards green businesses. In this paper, we use Crunchbase data on 150,000 US startups founded between 2000 and 2020 to better understand why VC initially did not prove successful in funding...

Persistent link: https://www.econbiz.de/10013191014

Harvesting the Rain : The Adoption of Environmental Technologies in the Sahel

Aker, Jenny C.; Jack, B. Kelsey - National Bureau of Economic Research - 2021

Many agricultural and environmental technologies require large upfront investments in exchange for longer-term benefits. This time profile of costs and benefits makes adoption particularly sensitive to liquidity and credit constraints, which are prevalent in low-income settings. We test the...

Persistent link: https://www.econbiz.de/10012696427

Green Technology Diffusion : A Post-Mortem Analysis of the Eco-Patent Commons

Contreras, Jorge L. - 2018

We revisit the effect of the "Eco-Patent Commons" (EcoPC) on the diffusion of patented environmentally friendly technologies following its discontinuation in 2016, using both participant survey and data analytic evidence. Established in January 2008 by several large multinational companies, the...

Persistent link: https://www.econbiz.de/10012480922

Environmental Preferences and Technological Choices : Is Market Competition Clean or Dirty?

Aghion, Philippe - 2020

This paper investigates the joint effect of consumers' environmental concerns and product-market competition on firms' decisions whether to innovate "clean" or "dirty". We first develop a step-by-step innovation model to capture the basic intuition that socially responsible consumers induce...

Persistent link: https://www.econbiz.de/10012481879

Solar Geoengineering, Learning, and Experimentation

Kelly, David L.; Heutel, Garth; Moreno Cruz, Juan; … - National Bureau of Economic Research - 2021

Solar geoengineering (SGE) can combat climate change by directly reducing temperatures. Both SGE and the climate itself are surrounded by great uncertainties. Implementing SGE affects learning about these uncertainties. We model endogenous learning over two uncertainties: the sensitivity of...

Persistent link: https://www.econbiz.de/10012482658

Tax Policies for Low-Carbon Technologies

Metcalf, Gilbert E. - 2009

I conclude with some observations on the use of price-based instruments. In particular I discuss how a carbon tax could be designed to achieve environmental goals of emission caps over a control period

Persistent link: https://www.econbiz.de/10012463596

International Innovation and Diffusion of Air Pollution Control Technologies : The Effects of NOX and SO2 Regulation in the US, Japan, and Germany

Popp, David - 2004

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) standards, both Japan and Germany introduced stringent nitrogen...

Persistent link: https://www.econbiz.de/10012468050

Pollution Control Innovations and the Clean Air Act of 1990

Popp, David - 2001

Although economists cite potential gains from induced innovation as an advantage of using market-based mechanisms to protect the environment, counts of patents related to flue gas desulfurization units ('scrubbers') peaked before trading of sulfur dioxide (SO2) permits began. This paper uses...

Persistent link: https://www.econbiz.de/10012470123

The Induced Innovation Hypothesis and Energy-Saving Technological Change

Newell, Richard G. - 1998

It follows from Hicks' induced innovation hypothesis that rising energy prices in the last two decades should have induced energy-saving innovation. We formulate the hypothesis concretely using a product-characteristics model of energy-using consumer durables, augmenting Hicks' hypothesis to...

Persistent link: https://www.econbiz.de/10012472368

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