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The paper empirically assesses the effect of climate policy stringency on innovation and economic performance, both … – through the channel of clean innovation – either harm or improve the economic performance of regulated firms. This supports … effective at inducing innovation in low-carbon technologies in directly regulated sectors. It does not find evidence that …
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The potential restructuring of global value chains (GVCs) is a widely discussed question in current debates. At the same time, a proper way of capturing these value chains is challenging. This paper focuses on the automotive industry, using detailed data on firm-to-firm transactions in Hungary,...
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