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Environmental regulation and innovation in renewable energy technologies : does the policy instrument matter?
Hille, Erik; Althammer, Wilhelm; Diederich, Henning - 2019 - Version February 24, 2019
We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The … distinguishing two dimensions of regulation, i.e. design and intensity, and their effects on innovation. The patent data is based on …, the positive effect on patenting activity increases significantly over time with an increase in the duration of the …
Persistent link: https://www.econbiz.de/10012230967
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Beyond the SUTVA : how industrial policy evaluations change when we allow for interactions among firms
Cerqua, Augusto; Pellegrini, Guido - 2013
Investment subsidies to private firms have been one of the most popular place-based policies in developed countries; however, the empirical evidence to date is still mixed and there is no general consensus on the effectiveness of such policy. Most evaluation studies have focused on the policy...
Persistent link: https://www.econbiz.de/10011575651
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Subsidising renewables but taxing storage? : second-best policies with imperfect carbon pricing
Helm, Carsten; Mier, Mathias - 2019
We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when carbon pricing is imperfect. This policy is...
Persistent link: https://www.econbiz.de/10012268082
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Key features of the first phase of the national cluster program in Russia
Kutsenko, Evgeniy; Meissner, Dirk - 2013
Cluster policy is recognized as one of the pivotal elements of state-of-art innovation policy. State support for … innovation policy drafting and implementation. Cluster development stimulates trust building and enhances knowledge spillovers … among different organizations in the region. Finally the cluster approach makes innovation policy more systemic by …
Persistent link: https://www.econbiz.de/10011575677
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Innovation, skills and investment : a digital industrial policy for Europe
Gruber, Harald - 2017
This paper identifies the main factors for Europe's delays in embracing the well proven growth enhancing effects of digital technologies. It argues that market failures, including externalities from knowledge spillovers, cybersecurity and first mover advantages justify public support. The whole...
Persistent link: https://www.econbiz.de/10011778552
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The information paradox in a monopolist's credence goods market
Jost, Peter-J.; Reik, Steffen; Ressi, Anna - 2019
Credence goods markets, such as those for car repairs and medical treatments, are generally characterized by an ex-ante and ex-post information asymmetry between the uninformed buyer and the informed seller. Previous literature demonstrates that efficiency and fraud in a monopolist credence...
Persistent link: https://www.econbiz.de/10012286246
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Monopoly in real life : the housing market, finance and inequality
Baur, Dirk G. - 2019
This paper uses a simple model based on the board game Monopoly to analyze the drivers of house prices and wealth inequality. Simulations show that inequality generally builds up fast even if players have equal starting conditions and house prices are stable; rising house prices imply more...
Persistent link: https://www.econbiz.de/10012268409
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Multisided markets and platform dominance
Alleman, James H.; Baranes, Edmond; Rappoport, Paul N. - 2019
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive and negative effects. The negative effects have been stark. There have been huge disruptions caused by e-commerce. More recently, subtler, but even more serious negative effects...
Persistent link: https://www.econbiz.de/10012151937
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Multi-product pricing and minimum resale price maintenance
Dertwinkel-Kalt, Markus; Wey, Christian - 2021
We provide a novel explanation for why manufacturers want to enforce a minimum resale price (min RPM) on retailers. A manufacturer sells her good via a multi-product retailer to final consumers by charging a linear wholesale price. The manufacturer then maximizes her profit through min RPM...
Persistent link: https://www.econbiz.de/10013328108
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Main findings and proposals of the Spanish cluster policy evaluation : the AEIs Programme
Castillo Hermosa, Jaime del; Barroeta, Belén; Paton, … - 2011
In the US and Europe many clusters initiatives have recently been launched. National and regional governments have been defining and implementing clusters policies and programmes with the aim to identifying, launching and finally consolidating international competitive clusters in their...
Persistent link: https://www.econbiz.de/10011524179