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Carbon taxes, path dependency and directed technical change : evidence from the auto industry

Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012

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/10009687266

The environment and directed technical change

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - 2010

dirty innovation and production; (ii) optimal policy involves both “carbon taxes” and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values … ; Directed Technological Change ; Innovation …

Persistent link: https://www.econbiz.de/10008735766

The environment and directed technical change : Comment

Hourcade, Jean-Charles; Pottier, Antonin; Espagne, Etienne - 2011

This paper discusses the growth model with environmental constraints recently presented in (Acemoglu et al., 2011) which focuses on the redirection of technical change by climate policies with research subsidies and a carbon tax. First, Acemoglu et al.'s model and chosen parameters yield...

Persistent link: https://www.econbiz.de/10009419743

Vertical Integration and Technology: Theory and Evidence

Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - Institut für Schweizerisches Bankwesen <Zürich> - 2007

consistent with theory, we find that the technology intensities of downstream (producer) and upstream(supplier) industries have … opposite effects on the likelihood of vertical integration. Also consistent with theory, both these effects are stronger when …

Persistent link: https://www.econbiz.de/10005857773

A product-market theory of industry-specific training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2006

We develop a product market theory that explains why firms provide their workers with skills that are sufficiently …

Persistent link: https://www.econbiz.de/10003387557

Price competition in product variety networks

Ushchev, Philip; Zenou, Yves - 2016

We develop a product-differentiated model where the product space is a network defined as a set of varieties (nodes) linked by their degrees of substitutability (edges). We also locate consumers into this network, so that the location of each consumer (node) corresponds to her "ideal" variety....

Persistent link: https://www.econbiz.de/10011548095

Globalization and general worker training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2004 - [Elektronische Ressource]

We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and...

Persistent link: https://www.econbiz.de/10001957223

Endogenous spillovers and incentives to innovate

Gersbach, Hans; Schmutzler, Armin - 1999 - This version: January 1999

Persistent link: https://www.econbiz.de/10001447209

A product market theory of worker training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2003 - [Elektronische Ressource]

We develop a product market theory that explains why firms invest in general training of their workers. We consider a …

Persistent link: https://www.econbiz.de/10001729428

Artificial intelligence and economic growth

Jones, Charles I.; Aghion, Philippe; Jones, Benjamin F. - 2017 - October 10, 2017 - Version 1.0

Persistent link: https://www.econbiz.de/10011775821