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Evidence-based policymaking : promise, challenges and opportunities for accounting and financial markets research
Leuz, Christian - 2018
The use of evidence and economic analysis in policymaking is on the rise, and accounting standard setting and financial regulation are no exception. This article discusses the promise of evidence-based policymaking in accounting and financial markets as well as the challenges and opportunities...
Persistent link: https://www.econbiz.de/10011932398
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The impact of regulation on innovation
Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
Persistent link: https://www.econbiz.de/10012431121
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The Design of Permit Schemes and Environmental Innovation
Perino, Grischa - 2008
analyzes these issues for two types of innovation. While price bounds increase static efficiency they reduce incentives to …
Persistent link: https://www.econbiz.de/10011422174
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Legal institutions, innovation and growth
Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - 2011
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal … excessive (greater than first-best) R&D investment and output growth. -- legal system ; commitment ; flexibility ; innovation …
Persistent link: https://www.econbiz.de/10009153886
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The design of permit schemes and environmental innovation
Perino, Grischa - 2008
analyzes these issues for two types of innovation. While price bounds increase static efficiency they reduce incentives to …
Persistent link: https://www.econbiz.de/10003747345
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Legal Institutions, Innovation and Growth
Anderlini, Luca - 2014
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal …
Persistent link: https://www.econbiz.de/10013067864
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Expected Profits and the Scientific Novelty of Innovation
Dranove, David - 2020
Innovation policy involves trading off monopoly output and pricing today in exchange for incentives for firms to …
Persistent link: https://www.econbiz.de/10012838413
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Science, the Endless Frontier of Regulatory Capture
Saltelli, Andrea; Dankel, Dorothy; Di Fiore, Monica; … - 2021
In this paper we explore five recent cases of regulatory capture in Europe, and zoom in on a form of corporate penetration which is based on a strategic use of the image and legitimacy of science. We examine cases in which lobbyists present themselves as upholders science and of evidence-based...
Persistent link: https://www.econbiz.de/10013240405
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Policy Uncertainty Reduces Green Investment
Wang, Mengyu; Wurgler, Jeffrey; Zhang, Hong - 2023
Government subsidies are often used to stimulate environment-friendly investment. We find that Chinese firms reduce green investment as the uncertainty of subsidies rises. This effect is identified from weather-driven fluctuations in air pollution that lead to fluctuations in subsidy...
Persistent link: https://www.econbiz.de/10014350057
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Surplus appropriation from R&D and health care technology assessment procedures
Philipson, Tomas J.; Jena, Anupam B. - 2006
Persistent link: https://www.econbiz.de/10003287748