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From fossil fuels to renewables : the role of electricity storage
Lazkano, Itziar; Nøstbakken, Linda; Pelli, Martino - 2016
, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …
Persistent link: https://www.econbiz.de/10011497793
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Taking time seriously : implications for optimal climate policy
Grubb, Michael; Lange, Rutger-Jan; Cerkez, Nicolas; … - 2020
Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to …
Persistent link: https://www.econbiz.de/10012404201
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Directed Technical Change with Human Capital and Natural Resources
Croner, Daniel - 2017
This paper investigates the effect of human capital accumulation on the direction of technical Change in a framework with natural resources and environmental externalities. The model simulates that an increasing knowledge stock of worker tends to direct technical change in favour of intangible...
Persistent link: https://www.econbiz.de/10012963007
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A Comment on Innovation in 'The Environment and Directed Technical Change'
Wiskich, Anthony - 2019
The framework used to endogenise technology growth by Acemoglu, Aghion, Bursztyn, and Hemous (2012), hereafter AABH, allows the existence of unstable equilibria and does not provide a rationale for specifying which equilibrium should apply when more than one exists. This paper: (i) suggests a...
Persistent link: https://www.econbiz.de/10012862348
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Strategic Resource Extraction and Substitute Development
Michielsen, Thomas - 2013
We analyze a dynamic game between a buyer and a seller of an exhaustible resource. The seller chooses resource supply; the buyer can pay a fixed cost to invent a perfect substitute for the resource at any time. In closed-loop equilibrium, the buyer adopts the substitute when the resource is...
Persistent link: https://www.econbiz.de/10014160241
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Improving Marketing's Contribution to New Product Development
Drechsler, Wenzel; Natter, Martin; Leeflang, Peter S.H - 2011
as part of the quest to improve innovation performance. However, thus far it has remained unclear precisely how the … marketing department can increase its influence on NPD to enhance a firm’s innovation performance. The results of this study … demonstrate that the relationship between marketing capabilities and innovation performance is generally mediated by the decision …
Persistent link: https://www.econbiz.de/10014042187
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Optimal global carbon management with ocean sequestration
Rickels, Wilfried (contributor); Lontzek, Thomas (contributor) - 2008
We investigate the socially optimal anthropogenic intervention into the global carbon cycle. The limiting factor for this intervention is the accumulation of carbon in the atmosphere, which causes global warming. We apply a simplified two-box model to incorporate aspects of the global carbon...
Persistent link: https://www.econbiz.de/10003726024
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Analyzing rebound effects
Schettkat, Ronald - 2009
Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects - so-called rebound effects - compensate or even overcompensate potential savings, will they fire back? The answer to...
Persistent link: https://www.econbiz.de/10003882199
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Biofuels subsidies and the green paradox
Grafton, R. Quentin; Kompas, Tom; Long, Ngo Van - 2010
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10003938736
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Is there really a green paradox?
Ploeg, Frederick van der; Withagen, Cees - 2010
The Green Paradox states that, in the absence of a tax on CO2 emissions, subsidizing a renewable backstop such as solar or wind energy brings forward the date at which fossil fuels become exhausted and consequently global warming is aggravated. We shed light on this issue by solving a model of...
Persistent link: https://www.econbiz.de/10003939168