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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal C. - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
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Migration, openness and the global preconditions of "smart development"
Tausch, Arno; Heshmati, Almas - 2011
In this article, we present a first empirical reflection on 'smart development', its measurement, possible 'drivers' and 'bottlenecks'. We first provide cross-national data on how much ecological footprint is used in the nations of the world system to 'deliver' a given amount of democracy,...
Persistent link: https://www.econbiz.de/10010282204
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Environmental indices for the Chinese grain sector
Chen, Ming; Karp, Larry - 2001
estimate an index of environmental productivity (natural capital), together with the parameters of environmental dynamics and … statistically significant negative effects on productivity. Ignoring these effects can cause substantial misallocation of resources …
Persistent link: https://www.econbiz.de/10011608856
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Embodied Carbon Tariffs
Böhringer, Christoph; Carbone, Jared C.; Rutherford, … - 2011
In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using trade policy as an implicit regulation of foreign emission sources has gained many supporters in countries contemplating unilateral climate policies. Embodied carbon tariffs tax...
Persistent link: https://www.econbiz.de/10010435665
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Pollution externalities in a Schumpeterian growth model
Koesler, Simon - 2010
This paper extends a standard Schumpeterian growth model to include an environmental dimension. Thereby, it explicitly links the pollution intensity of economic activity to technological progress. In a second step, it investigates the effect of pollution on economic growth under the assumption...
Persistent link: https://www.econbiz.de/10010301687
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Trade and the environment: The role of firm heterogeneity
Kreickemeier, Udo; Richter, Philipp M. - 2012
-specific emission intensity decreases strongly with increasing firm productivity. …
Persistent link: https://www.econbiz.de/10010309226
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Trade and the environment: The role of firm heterogeneity
Kreickemeier, Udo; Richter, Philipp M. - 2012
-specific emission intensity decreases strongly with increasing firm productivity. …
Persistent link: https://www.econbiz.de/10010283616
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The Economic Impact of Venture Capital
van Pottelsberghe de la Potterie, Bruno; Romain, Astrid - 2004
This paper attempts to evaluate the macroeconomic impact of venture capital (VC). We test the assumption that VC is similar in several respects to business R&D performed by large firms and therefore contributes to economic growth through two main channels: innovation and absorptive capacity. The...
Persistent link: https://www.econbiz.de/10010295645
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R&D and non-linear productivity growth of heterogeneous firms
Kancs, D'Artis; Siliverstovs, Boriss - 2012
The present paper studies the relationship between R&D investment and firm productivity growth by explicitly accounting … for non-linearities in the R&D-productivity relationship and inter-sectoral firm heterogeneity. In order to address these …. Our results suggest that: (i) R&D investment increases firm productivity with an average elasticity of 0.15; (ii) the …
Persistent link: https://www.econbiz.de/10010319727
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Economic Development and Environmental Protection
Galeotti, Marzio - 2003
There is a long-standing debate on the relationship between economic development and environmental quality. From a sustainable development viewpoint there has been a growing concern that the economic expansion of the world economy will cause irreparable damage to our planet. In the last few...
Persistent link: https://www.econbiz.de/10011325114