similar argument: China's technology innovation system has enabled innovation in first generation technologies. But will China … scale. For design-intensive technology - such as wind, concentrating solar power plants, or advanced coal plants - cost …

similar argument: China’s technology innovation system has enabled innovation in first generation technologies. But will China … scale. For design-intensive technology – such as wind, concentrating solar power plants, or advanced coal plants – cost …

This article studies optimal investment in flexible manufacturing capacity as a function of product prices (margins …), investment costs and multivariate demand uncertainty. We consider a two-product firm that has the option to invest in product …

processes in the two sectors. Restrictions from this model are used with data on wages and prices to construct measures of …

competitive general equilibrium where goods prices, technology and factor supplies jointly determine outputs and factor prices. We … GDP is a function of prices, technology levels, and supplies of capital and different types of labor. We treat final goods … causes are changes in technology, international competition, and factor supplies. The relative importance of these causes in …

forced to reduce some fixed percentage of emissions at home? Can carbon sinks reduce costs? Will people adopt new energy …

conditions that output elasticities must be equal to a modification of the usual factor cost shares, where shadow prices due to … the constraints add to factor prices. In a model, where capital, labor and energy (exergy) are the factors of production …, the technological constraints are identified as limits to capacity utilization and automation. The shadow prices depend on …