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The effects of privatization on R&D investments and patent productivity

Munari, Federico; Sobrero, Maurizio - 2002

Over the last two decades privatization programs in different countries radically reduced the role of the State as a key player in the economic arena. We use agency theory to discuss the theoretical relationship between changes in the firm's principal-agent structure following privatization, and...

Persistent link: https://www.econbiz.de/10011335727

Desperately Seeking (Environmental) Kuznets

Galeotti, Marzio; Lanza, Alessandro - 1999

The number of studies seeking to empirically characterize the reduced-form relationship between a country's economic growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers have found evidence in favor of an inverted-U...

Persistent link: https://www.econbiz.de/10011608466

The Environmental Kuznets Curve: A Survey of the Literature

Borghesi, Simone - 1999

In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC), suggests that environmental degradation increases in the early stages of growth, but it...

Persistent link: https://www.econbiz.de/10011608548

On the Robustness of Robustness Checks of the Environmental Kuznets Curve

Galeotti, Marzio; Manera, Matteo; Lanza, Alessandro - 2006

Since its first inception in the debate on the relationship between environment and growth in 1992, the Environmental Kuznets Curve has been subject to continuous and intense scrutiny. The literature can be roughly divided in two historical phases. Initially, after the seminal contributions,...

Persistent link: https://www.econbiz.de/10010312579

Cooperation in R&D and sample selection

Piga, Claudio; Vivarelli, Marco - 2002

This study explicitly takes into account that the decision to enter into a cooperative R&D relationship is related to the antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, allows the joint analysis of the determinants of the two decisions and...

Persistent link: https://www.econbiz.de/10011335716

Privatization and R&D performance: An empirical analysis based on Tobin's q

Munari, Federico; Oriani, Raffaele - 2002

innovation related assets on the firm's market value (Griliches, 1981). We estimate the regression model on an original panel …

Persistent link: https://www.econbiz.de/10011335733

Voluntary approaches and the organisation of environmental R&D

Poyago-Theotoky, Joanna - 2000

We consider a setting where firms undertake emission-reducing R&D and the regulator, who sets the emission tax, is unable to commit credibly. Firms are subject to research spillovers in emission reduction. We examine two regimes with respect to the organization of R&D: independent R&D and an...

Persistent link: https://www.econbiz.de/10011608637

Natural Resources, Innovation, and Growth

Papyrakis, Elissaios; Gerlagh, Reyer - 2004

This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can …, consumers trade off leisure versus consumption, and firms trade off innovation efforts versus manufacturing. For this model, we … indirectly by inducing a smaller proportion of the labor force to engage in innovation. …

Persistent link: https://www.econbiz.de/10011324996

On scale effects, market power and growth when human and technological capital are complements

Bucci, Alberto - 2000

In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...

Persistent link: https://www.econbiz.de/10011608626

Growth maximising patent lifetime

Bucci, Alberto; Saglam, H. C. - 2000

Using a vertical differentiation model of endogenous growth with stochastic R&D activity, we characterise the optimal patent lifetime a government would set in order to maximise economic growth. We show that a finite patent lifetime does exist and is unique provided that the expected rate of...

Persistent link: https://www.econbiz.de/10011608627