I study the effects of technology spillovers (“catch-up”) and a firm's investment in skills (training) on the firm's productivity when FDI (foreign direct investment) is a carrier of new technology. Using 1992 firm-level survey data in China, I test the investment equation proposed by...

This paper investigates the mechanism of international technology cooperation and its effect on the timing and cost of global climate mitigation. I firstly present a simple analytical framework that describes how international R&D coordination works and its importance to climate change...

Autonomous vehicle (AV) technologies lower the private cost of driving, leading to induced demand for road use at peak times. Because adoption is likely to skew towards higher-income commuters, we show that the congestion externalities exacerbated by adoption are likely to be experienced...