Showing 1 - 10 of 1,726
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. Different theoretical approaches present in the...
Persistent link: https://www.econbiz.de/10011324918
This paper reviews the major finance-related causes of private under-investment in innovation and the consequent alternative choices for public policy. The focus is on incentive-based arguments that address the problem of limited appropriability of new knowledge, and on the lacking access to...
Persistent link: https://www.econbiz.de/10011435227
In diesem Beitrag resümieren wir zunächst die Erfahrungen, welche die EU-Kommission in den letzten vier Jahren mit der Finanzpolitik der EU-Mitgliedsstaaten gesammelt hat. Diese betreffen sowohl die Defizitobergrenze des Stabilitätspakts als auch die jährlich vorzulegenden...
Persistent link: https://www.econbiz.de/10010300406
Economic theory suggests that with a pollution externality and learning spillovers related to renewable energy technologies, the optimal climate policy mix includes an emissions policy and an output subsidy to the learning industry. Instead of output subsidies, feed-in tariffs are often...
Persistent link: https://www.econbiz.de/10010304357
This article provides a review of economic studies analyzing the use of multiple policies - a socalled policy mix - to cope with single pollution problems. To guide and structure the review, an analytical framework is developed and applied. The framework integrates transaction costs into the...
Persistent link: https://www.econbiz.de/10010304366
The combination of emissions trading and emissions taxes is usually rejected as redundant or inefficient. This conclusion is based on the restrictive assumption that both policies are exclusively meant to control pollution. However, particularly taxes may pursue a variety of other policy...
Persistent link: https://www.econbiz.de/10010304386
This paper uses a transaction cost approach in order to classify the different policy options that are currently discussed in relation to the Kyoto protocol. It analyses the market as only one of the possible collective decision making processes, which are available to operationalize the concept...
Persistent link: https://www.econbiz.de/10011608506
We study the incidence of carbon-reduction and green-energy promotion policies in a general equilibrium small open economy that depends on imports of fossil fuels. The focus is on mixed policies that are either price based (emissions taxes and producer price subsidies for green energy) or...
Persistent link: https://www.econbiz.de/10010271491
We study the incidence of carbon-reduction and green-energy promotion policies in an open fossil-fuel importing general equilibrium economy. The focus is on mixed price-based or quantity-based policies. Instruments directed toward promoting green energy are shown to reduce also carbon emissions...
Persistent link: https://www.econbiz.de/10010276234
European countries are becoming increasingly politically integrated and the process of integration has accelerated in recent years. But how much social integration is there within the Community? This article supplies a definition of European social integration, and thereby lays down the...
Persistent link: https://www.econbiz.de/10010304173