We study optimal subsidies for renewable energy (RE) generation to internalize external benefits from intertemporal learning-by-doing spillovers, taking into account increasing marginal costs at the industry level due to limited availability of sites suitable for RE. We find that the optimal RE...

This paper studies the effects of investment tax credits on firms’ input choices by exploitinga sudden shift in the tax credit rate by firm size for manufacturing firms in Germany in 1999. I find that more generous tax credits lead to a significant increase in both investment and employment,...

This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from high-skilled workers. We use a smoothing splines estimator to model the spatial distribution of high-skilled workers as continuous curves. Our rich panel data allows us to address...

This paper aims to identify the contribution of knowledge capital and its determinant - human capital - to total factor productivity differences among regions within a regression framework in general and the impact of their spillovers on regional total factor productivity in particular. The...

We develop an empirical approach to examine static and dynamic knowledge externalities in the context of a regional total factor productivity relationship. Static externalities refer to current period scale or industry-size effects which have been labeled localization externalities or...

The process of European integration has introduced a valuable empirical example on the impact of economic integration on income convergence. Many empirical papers confirm the income convergence within the new member states and between the new and old members. At the same time it is found that...

In this paper we focus on one type of externality, namely knowledge spillovers. Empirical studies on effects of knowledge spillovers in Europe have normally focused on localized effects, either on total factor productivity or knowledge production in terms of patent output. The purpose of this...

Since ICT factors got growing importance in shaping social and economic differences, the determination of competitiveness in the information economy and society became needful in understanding modern regional disparities of Hungary. To evaluate recent inequalities caused by the factors of...

Theoretical as well as practical experiences of analyses confirmed that spatial processes of the diffusion of information and communication (ICT) technologies largely influenced the economy and society of the 21st century. In the last couple of years, a new motive of ICT-based inequalities...