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In the context of an Emission Trading Scheme (ETS), we study how uncertainty over the policy parameter affects firms' investment in low carbon technologies. We develop a three period sequential model that combines the two sectors regulated by the scheme and encompasses both irreversible and...
Persistent link: https://www.econbiz.de/10013065207
Are environmental policies affected by the political cycle? This paper investigates if environmental spending is used as pork barrel with signaling purposes. It develops a two-period model of electoral competition where politicians use current policies to signal their preferences to rational,...
Persistent link: https://www.econbiz.de/10012992587
Despite the rising importance and economy-wide effects of online platforms, the paucity of cross-country comparable data still hampers understanding of the structural and policy determinants of their diffusion. This study contributes to the understanding of multi-sided online platforms in three...
Persistent link: https://www.econbiz.de/10012661006
Online platform use has grown remarkably in the last decade. Despite this, our understanding of its implications for economic outcomes is scarce and often limited to case studies and advanced countries. Using a newly built harmonised international dataset of online platforms and their use across...
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The economic consequences for firms investing in green innovation, and therefore their incentives to innovate, are not well understood. This paper empirically assesses the economic returns on innovation in cleaner vehicles. The analysis uses data on passenger car market shares and patents for...
Persistent link: https://www.econbiz.de/10014278764