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In this paper we investigate the effects of emigration on growth in developing countries. We present a model in which productivity increases either through imitation or innovation, and both activities use the same types of human capital as inputs, albeit with different intensities. Heterogenous...
Persistent link: https://www.econbiz.de/10012731509
Researchers have utilized the fact that many states have term limits (as opposed to being eligible for re-election) for governors to determine how changes in electoral incentives alter state regulatory agency behavior. This paper asks whether these impacts spill over into private sector...
Persistent link: https://www.econbiz.de/10012979132
The increase in carbon dioxide emissions by some countries in reaction to an emission reduction by countries with climate policy (carbon leakage) is seen as a serious threat to unilateral climate policy. Using a two-country model where only one of the countries enforces an exogenous cap on...
Persistent link: https://www.econbiz.de/10012710021
Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large amount of literature has emerged showing under what conditions this so-called ‘Green Paradox' may occur. We review this literature and identify the key mechanisms...
Persistent link: https://www.econbiz.de/10013037941
Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing that such a 'green paradox' may occur in response to particular policies. We review this literature and identify four different...
Persistent link: https://www.econbiz.de/10010990883
We analyze a two-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously determines whether technical progress will be capital- or resource-augmenting....
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