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This study analyses the economic rent generated by the exploitation of a non-renewable resource, and the taxation of this rent. We present a synthetic model of a non-renewable-resource sector where deposits must be costly developed before they are exploited; the analysis emphasizes the effect of...
Persistent link: https://www.econbiz.de/10011276905
, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …
Persistent link: https://www.econbiz.de/10011497793
Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to …
Persistent link: https://www.econbiz.de/10012404201
Die Innovationsfähigkeit der hoch entwickelten Industrieländer ist ihre wichtigste Quelle für Wohlstand und Wachstum. Das DIW Berlin hat in diesem Jahr zum dritten Mal im Auftrag der Deutschen Telekom Stiftung und des Bundesverbandes der Deutschen Industrie (BDI) einen Gesamtindikator für...
Persistent link: https://www.econbiz.de/10011601770
Zur Beurteilung der Innovationsfähigkeit eines Landes ist nicht nur seine aktuelle Position im internationalen Vergleich interessant, sondern auch die Entwicklung über längere Zeiträume hinweg. Um die mittelfristige Dynamik des deutschen Innovationssystems im internationalen Vergleich zu...
Persistent link: https://www.econbiz.de/10011601771
Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to …
Persistent link: https://www.econbiz.de/10012427183
, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …
Persistent link: https://www.econbiz.de/10011522469
This paper investigates the effect of human capital accumulation on the direction of technical Change in a framework with natural resources and environmental externalities. The model simulates that an increasing knowledge stock of worker tends to direct technical change in favour of intangible...
Persistent link: https://www.econbiz.de/10012963007
We analyze a dynamic game between a buyer and a seller of a nonrenewable resource. The seller chooses resource supply; the buyer can pay a fixed cost to invent a perfect substitute for the resource at any time. In closed-loop equilibrium, the buyer adopts the substitute when the resource is...
Persistent link: https://www.econbiz.de/10010753155
The framework used to endogenise technology growth by Acemoglu, Aghion, Bursztyn, and Hemous (2012), hereafter AABH, allows the existence of unstable equilibria and does not provide a rationale for specifying which equilibrium should apply when more than one exists. This paper: (i) suggests a...
Persistent link: https://www.econbiz.de/10012862348