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When Does Labor Scarcity Encourage Innovation?

Acemoglu, Daron - C.E.P.R. Discussion Papers - 2009

environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …

Persistent link: https://www.econbiz.de/10005791910

Entrepreneurial Incentives in Stock Market Economies

Acharya, Viral V; Bisin, Alberto - C.E.P.R. Discussion Papers - 2002

A Capital Asset Pricing Model of a stock market economy is examined under different corporate governance structures in which the objectives of managers and entrepreneurs in choosing the risk composition of their firms' returns are not aligned with those of shareholders and investors because of...

Persistent link: https://www.econbiz.de/10005124325

Trade, Strategic Innovation and Strategic Environmental Policy - a General Analysis

Ulph, Alistair Mitchell; Ulph, David - C.E.P.R. Discussion Papers - 1994

There has been much debate recently about the nature of environmental policy that will be set by governments concerned about the competitive advantage their industries might obtain in a world of fierce trade competition. Some claim governments will set environmental policies that are too lax,...

Persistent link: https://www.econbiz.de/10005136590

Perfectly Competitive Innovation

Boldrin, Michele; Levine, David - C.E.P.R. Discussion Papers - 2002

We construct a competitive model of innovation and growth under constant returns to scale. Previous models of growth … under constant returns cannot model technological innovation. Current models of endogenous innovation rely on the interplay … innovation and sees the non-rivalrous nature of ideas as a natural conduit to increasing returns. The results here challenge the …

Persistent link: https://www.econbiz.de/10005661529

The Effects of Technical Change on Labour Market Inequalities

Hornstein, Andreas; Krusell, Per; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2005

In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we also pay attention to how Europe did not experience changes...

Persistent link: https://www.econbiz.de/10005504683

Robots at Work

Graetz, Georg; Michaels, Guy - C.E.P.R. Discussion Papers - 2015

Despite ubiquitous discussions of robots’ potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007....

Persistent link: https://www.econbiz.de/10011196027

Persistence and Mobility in International Trade

Proudman, James; Redding, Stephen J. - C.E.P.R. Discussion Papers - 1998

The theoretical literature on endogenous growth and international trade suggests that comparative advantage is endogenous. Sector-specific learning by doing and technology transfer respectively provide reasons why initial patterns of international specialization may persist or exhibit mobility...

Persistent link: https://www.econbiz.de/10005067579

Back to Kyoto? US Participation and the Linkage Between R&D and Climate Cooperation

Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - C.E.P.R. Discussion Papers - 2002

and on technological innovation. The extended regime in which cooperation takes place on both dimensions (GHG emissions … technological innovation and diffusion (without targets on emissions). …

Persistent link: https://www.econbiz.de/10005661540

Economic and Environmental Effectiveness of a Technology-based Protocol

Buchner, Barbara; Carraro, Carlo - C.E.P.R. Discussion Papers - 2004

environmental technological innovation and diffusion than when they cooperate on emission abatement. Technological cooperation …

Persistent link: https://www.econbiz.de/10005791506

Geographic Localization of International Technology Diffusion

Keller, Wolfgang - C.E.P.R. Discussion Papers - 2001

Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major industrialized countries on a geographic basis. A new data set is...

Persistent link: https://www.econbiz.de/10005124371