Showing 1 - 10 of 46
developing countries (South) through its impact on innovation, market structure and technology transfer. In a North-South trade … environment, the South sets its IPR policy strategically to manipulate multinationals' decisions on innovation and location. Firms … stimulates innovation by pushing multinationals to deter entry in high-technology sectors. …
Persistent link: https://www.econbiz.de/10010312577
Departing from Hotelling's assumption of fixed and known reserves, in this paper I develop an economic model of additions to proven reserves that explicitly incorporates the effects of expected resource price, cumulative reserves development, and technological progress on reserves additions. The...
Persistent link: https://www.econbiz.de/10011608464
We study how restricting CO2 emissions affects resource prices and depletion over time. We use a Hotelling-style model with two non-renewable fossil fuels that differ in their carbon content (e.g. coal and natural gas) and in addition are imperfect substitutes in final good production. We show...
Persistent link: https://www.econbiz.de/10010312281
Persistent link: https://www.econbiz.de/10011335708
The relationships among the Hamiltonian, NNP, and the level of sustainable consumption/utility have been widely misunderstood. This paper dispels the misconceptions and provides further new insight into these relationships. We show generally that for autonomous dynamic optimizing economies, a...
Persistent link: https://www.econbiz.de/10011335713
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
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
Quantitative models for climate policy modeling differ in the production structure used and in the sizes of the elasticities of substitution. The empirical foundation for both is generally lacking. This paper estimates the parameters of two-level CES production functions with capital, labour and...
Persistent link: https://www.econbiz.de/10010312411
One of the recurring themes in the sustainability literature has been the legitimacy of using an economic framework to account for natural resources. This paper examines the potential for substituting between different inputs in the generation of income, where the inputs include natural...
Persistent link: https://www.econbiz.de/10010312424
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