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innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …
Persistent link: https://www.econbiz.de/10010341625
can be controlled by reducing the pollution intensity of a given quantity through costly research (green innovation) and … implies that the rate of GDP growth remains below productivity growth (deceleration). While neither green innovation nor …
Persistent link: https://www.econbiz.de/10010337839
This paper investigates the effect of market size on innovation activities across different durable good industries in … increase in labour productivity by 6.5% and an increase in the likelihood of a successful product innovation by about 1 …
Persistent link: https://www.econbiz.de/10010338977
innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …
Persistent link: https://www.econbiz.de/10010490615
Job polarization the rise in employment shares of high and low skill jobs at the expense of middle skill jobs occurred in the US not just recently, but also in the late nineteenth and early twentieth centuries. We argue that in each case polarization resulted from increased automation, and...
Persistent link: https://www.econbiz.de/10010484463
This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …
Persistent link: https://www.econbiz.de/10010342239
We present a duopoly model of strategic capital accumulation in continuous time with uncertainty, such that investment …
Persistent link: https://www.econbiz.de/10010339395
Persistent link: https://www.econbiz.de/10013481589
This paper analyzes innovation races in a moral hazard setting. I develop a model where two competing entrepreneurs …
Persistent link: https://www.econbiz.de/10010481326
We study the effect of railroad access on urban population growth. Using GIS techniques, we match triennial population data for roughly 1,000 cities in nineteenth-century Prussia to georeferenced maps of the German railroad network. We find positive short- and long-term effects of having a...
Persistent link: https://www.econbiz.de/10010489837