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spillovers (positive externalities) and functions more broadly as an institution that sustains a spillover-rich cultural … focuses on (i) the economics of speech externalities and (ii) the functional role of the First Amendment in constraining the … government's ability to force or enable actors to internalize externalities associated with their speech. When viewed from an …
Persistent link: https://www.econbiz.de/10014221127
and technical externalities but free-ride on the transfer system. Efficiency can be achieved by introducing a second … externalities in the form of inter-regional capital tax competition and technical externalities in the form of inter …-regional spillovers. The federal government aims to correct for these inefficiencies using a transfer system. If the regional governments …
Persistent link: https://www.econbiz.de/10011994863
regulators can reach the non-cooperative social optimum. In the presence of free R&D spillovers between countries, as well as the …&D spillovers ; absorptive capacity ; international trade …
Persistent link: https://www.econbiz.de/10009718259
required to internalize global environmental externalities. Therefore we adopt a dynamic framework of two economies (i ….e. Europe and rest of world) and analyze their strategic interactions in the presence of international knowledge spillovers and … international environmental externalities - both are empirically significant. Starting from noncooperation we investigate the …
Persistent link: https://www.econbiz.de/10010485437
This paper studies the asset pricing implications of technology spillover, an important externality in innovation. While technology spillover enables firms to produce a variety of products that better satisfy their customers' love for variety, such benefits are procyclical, and investors...
Persistent link: https://www.econbiz.de/10012854307
This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from … supply effects with an extensive set of time-varying fixed effects. Our estimates reveal that spillovers from highskilled …
Persistent link: https://www.econbiz.de/10012317611
performances to be independent of teammate spillovers. However, the baseball community's widely held belief in "protection" - that … - violates the assumption of the independence of batting outcomes. In this paper we identify two possible hitting externalities …
Persistent link: https://www.econbiz.de/10014068227
competition (lottery contest) and one that encourages cooperation (public good game). We find that simultaneous participation in … strategic uncertainty and path-dependence across games. Our design allows us to compare preferences for cooperation and …
Persistent link: https://www.econbiz.de/10013115257
conditional cooperation prioritizing local level externalities. Our findings demonstrate how individuals adjust their behavior … examines the nature of human behavior in a multilevel social dilemma game with positive provision externalities to local and …
Persistent link: https://www.econbiz.de/10009487801
Persistent link: https://www.econbiz.de/10012130878