Showing 1 - 10 of 558
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...
Persistent link: https://www.econbiz.de/10011084402
The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of certain technologies if complementary forms of organization are adopted. This issue may be of even greater importance for the case of greenhouse gas (GHG) abatement...
Persistent link: https://www.econbiz.de/10011084545
“cutthroat”capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10011083861
knowledge. Three long-term outcomes emerge. First, a "Secularization" or "Western-European" regime with declining religiosity …, unimpeded science, a passive Church and high levels of taxes and transfers. Second, a "Theocratic" regime with knowledge …
Persistent link: https://www.econbiz.de/10011262883
, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …
Persistent link: https://www.econbiz.de/10005497933
critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of … must then become larger to break even, which facilitates amortizing the fixed costs of innovation. We demonstrate our …
Persistent link: https://www.econbiz.de/10005041097
International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...
Persistent link: https://www.econbiz.de/10005504312
How can a non-democratic ruler provide proper incentives for state bureaucracy? In the absence of competitive elections and separation of powers, the ruler has to be well-informed himself, and to gather information he may use either a secret service or the media. The danger of using a secret...
Persistent link: https://www.econbiz.de/10005123655
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
crucial novel feature is the competition between lenders in their choice of contracts offered. The quality of investment … distribute themselves across all offered contracts. Competition between banks introduces three possibilities for a breakdown of …
Persistent link: https://www.econbiz.de/10005661861