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learning (DOP) and compare it two limiting cases---certainty equivalence policy (CEP) and cautionary policy (CP). It turns out …
Persistent link: https://www.econbiz.de/10005755117
The paper centers on investigating theoretically how the transportation costs of R&D technology, none of the transportation costs in final goods and intermediate inputs, affect the long-run endogenous economic growth. The basic ideas adopted in this paper are different from well-known models in...
Persistent link: https://www.econbiz.de/10009350196
In this paper, energy sector’s monopoly behavior is analyzed in the case of Azerbaijan by referring to the literature of Dutch disease and rent-seeking. As a theoretical background, a new general equilibrium model is also developed in order to explain unusual surge of gasoline prices in...
Persistent link: https://www.econbiz.de/10014083186
In this paper, a new model is developed by referring to the literature on Dutch disease and rent-seeking for explaining how a natural resource boom in the energy sector decreases national income and induces a resource movement effect under a rent-seeking monopoly. In such a model, it is shown...
Persistent link: https://www.econbiz.de/10014263908
from foreign contacts and thus are an important component of the process of learning-by-exporting. Firm-level panel data …
Persistent link: https://www.econbiz.de/10005720390
We study the market for vaccinations considering income heterogeneity on the demand side and monopoly power on the supply side. A monopolist has an incentive to exploit the external effect of vaccinations and leave the poor susceptible in order to increase the willingness to pay of the rich....
Persistent link: https://www.econbiz.de/10010307029
'Robot cars' are cars that allow for automated driving. They can drive closer together than human driven 'normal cars', and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the user's value of time losses (VOT), because travel time can be...
Persistent link: https://www.econbiz.de/10011288417
This dissertation deals with the complex and multifaceted issue of climate change and climate policy. Since the problem touches upon many disciplines and also subfields within economics, the present study tries to bridge the gaps between different areas and dimensions of economic analysis....
Persistent link: https://www.econbiz.de/10012019193
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the same good with a technology that employs a polluting input and a clean technology. In the first part of the paper, we show that the efficient solution can be implemented...
Persistent link: https://www.econbiz.de/10014496051
This dissertation was written by Johannes Pfeiffer while he was working with the ifo Institute for Economic Research. It was completed in November 2016 and accepted as a doctoral thesis by the department of economics of the University Regensburg in December 2016. The thesis studies unintended...
Persistent link: https://www.econbiz.de/10011777555