The European Union has implemented demand push and technology pull policies to foster innovation on the energy and … rarely treats product and process innovation separately and product quality is, in the best case, exogenous. We develop a … dynamic multi-sector CGE model that distinguishes between R&D-based process innovation for all firms, endogenous product …

profits generated by a successful innovation are discounted by the endogenous market interest rate, this raises the net …

general equilibrium effects dampen strongly the increase in health care usage following medical innovation. Moreover, an …

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …

The paper analyses the impact of tax competition on innovation in the public sector. It is shown that the effects of … increased mobility of the tax base on innovation and growth are ambiguous. The negative relationship is more likely, however … activities. -- tax competition ; economic growth ; innovation ; Leviathan competition ; North-South model …

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …

, innovation and sectoral growth. We find that a stringent reduction target for carbon emissions combined with a CO2-tax leads to …