Showing 1 - 10 of 10
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
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
This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
Persistent link: https://www.econbiz.de/10010312277
This paper analyses optimal investments in innovation when dealing with a stringent climate target and with the … uncertain effectiveness of R&D. The innovation needed to achieve the deep cut in emissions is modelled by a backstop carbon … technological advancement yields higher investments in innovation and lower policy costs. We then confirm the results via a …
Persistent link: https://www.econbiz.de/10010312294
innovation distinguishing between dirty (internal combustion engine) and clean (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10010294270
The study of innovation and technological change is an increasing field of economic enquire because innovation can be … considered a major engine of growth. This paper is concerned with the determinants of innovation and technological change …
Persistent link: https://www.econbiz.de/10011324918
We study the interactions between technological innovation, investment in human capital and child labor. In our setting … firms decide on innovation, then households decide on education. In equilibrium the presence of inefficient child labor … on child labor are welfare reducing, while a subsidy to innovation is the right tool to eliminate child labor and …
Persistent link: https://www.econbiz.de/10011325098
change, and in Part 3, we focus on issues related to the empirical analysis of technology innovation and diffusion. Finally …
Persistent link: https://www.econbiz.de/10011335696
environmental effects. The approaches applied to interpreting the datasets are innovation life cycle analysis, and product chain … innovation. Ambitious environmental standards, though, continue to be an important regulative precondition of ecologically benign … technological innovation. …
Persistent link: https://www.econbiz.de/10010312259
the optimal organizational governance perform less well in terms of process innovation than more aligned competitors, but … (ii) that misalignment has a positive effect on product innovation. However, this counterintuitive result is strongly …
Persistent link: https://www.econbiz.de/10010312395