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Welfare analysis in a Schumpeterian growth model with capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10011401108

Acceleration of technology adoption withing firms

Koellinger, Philipp; Schade, Christian D. - 2008

This paper studies the diffusion of multiple, related technologies among firms. The results suggest an endogenous acceleration mechanism of technology adoption: The more advanced a firm is in using a particular set of technologies, the more likely it is to adopt additional, related technologies....

Persistent link: https://www.econbiz.de/10011377052

The limits of lending : banks and technology adoption across Russia

Bircan, Çaðatay; Haas, Ralph de - 2015

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …

Persistent link: https://www.econbiz.de/10011300996

The limits of lending : banks and technology adoption across Russia

Bircan, Çaðatay; Haas, Ralph de - 2015

Persistent link: https://www.econbiz.de/10011348891

The role of standards in eco-innovation : lessons for policymakers

Vollebergh, Herman R. J.; Van der Werf, Edwin - 2013

discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and … instruments. Finally we discuss how governments might contribute to eco-innovation by selecting, stimulating or creating (inter …

Persistent link: https://www.econbiz.de/10009752019

The impact of energy prices on green innovation : study on behalf of the Swiss Federal Office of Energy SFOE

Ley, Marius; Stucki, Tobias; Wörter, Martin - 2013

industry level the impact of energy prices on green innovation activities. Our econometric models show that energy prices and … green innovation activities are positively related and that energy prices have a significantly positive impact on the ratio … lag between energy prices and innovation activities. Robustness tests confirm the main results. …

Persistent link: https://www.econbiz.de/10009755703

Generational welfare under a climate-change policy with induced innovation

Laurent-Lucchetti, Jérémy; Leach, Andrew J. - In: The Scandinavian journal of economics 113 (2011) 4, pp. 904-936

Persistent link: https://www.econbiz.de/10009407712

The "advancedness" of knowledge in pollution-saving technological change with a qualitative application to SO 2 cap and trade

Grover, David - In: Ecological economics : the transdisciplinary journal of … 89 (2013), pp. 123-134

Persistent link: https://www.econbiz.de/10009757475

Policy-induced environmental technology and inventive efforts : is there a crowding out?

Hottenrott, Hanna; Rexhäuser, Sascha - 2013

innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …

Persistent link: https://www.econbiz.de/10010223567

Policy-induced environmental technology and incentive efforts : is there a crowding out?

Hottenrott, Hanna; Rexhäuser, Sascha - 2013

Persistent link: https://www.econbiz.de/10010225529