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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 …
Persistent link: https://www.econbiz.de/10012230967
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
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
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
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
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
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
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
Cucumber is found amongst vegetables grown for 3000 years and is of particular importance because of its nutritional value with a very low caloric intake. Cultivation of cucumbers is one of the most widespread in our country and can be consumed in both crudest and preserved state. In the present...
Persistent link: https://www.econbiz.de/10012055513
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