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Uncertain technological change under capital mobility

Hek, Paul A. de - 2005

The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative …. Empirical studies concerning these two factors indicate that unpredictable variations in economic productivity have a negative …

Persistent link: https://www.econbiz.de/10011343279

Endogenous technological change under uncertainty

Hek, Paul A. de - 2002

How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …

Persistent link: https://www.econbiz.de/10011326963

Finance, technology and risk

Paganetto, Luigi; Scandizzo, Pasquale Lucio - In: Finance markets, the new economy and growth, (pp. 121-142). 2005

Persistent link: https://www.econbiz.de/10003351649

Optimal environmental policy design in the presence of uncertainty and technology spillovers

Himmes, Patrick; Weber, Christoph - 2011

The stylized model presented in this paper extends the approach developed by Fischer and Newell (2008) by analysing the optimal policy design in a context with more than one externality while taking explicitly into account uncertainty surrounding future emission damage costs. In the presence of...

Persistent link: https://www.econbiz.de/10010426696