policy is likely to increase global emissions. -- technical change ; climate change ; development ; innovation ; spillovers …

. The second issue is whether environmental policy increases or decreases total investment and innovation. Even when … rate of innovation, which crowds out production and consumption, and thus makes environmental policy more costly. Finally … ; innovation policy ; induced technical change ; pollution-saving technical change ; pollution-using technical change ; crowding …

time preference and a time-to-build feature in capital accumulation. Both features are particularly important in the …

In a continuous-time framework we study the technology and investment choice problem of a continuous co …

, numerical methods permit expansion of the dimensionality of the analysis. We apply this methodology to a time series of data … from the Small Business Innovation Research (SBIR) program of NASA. A key factor in the assessment is the technology …