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Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes

Fischer, Carolyn; Newell, Richard G.; Preonas, Louis - CESifo - 2014

renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures …

Persistent link: https://www.econbiz.de/10010764280

Not so Myopic Consumers - Evidence on Capitalization of Energy Technologies in a Housing Market

Harjunen, Oskari; Liski, Matti - CESifo - 2014

Policies affecting the cost of energy use provide correct incentives for technology choices only if there is a market reward for energy efficiency. We provide clean evidence for market efficiency by considering how heating technologies capitalize into house values using detailed Finnish register...

Persistent link: https://www.econbiz.de/10010948877

Bush Meets Hotelling: Effects of Improved Renewable Energy Technology on Greenhouse Gas Emissions

Hoel, Michael - CESifo - 2008

Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this "Hotelling feature" is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the...

Persistent link: https://www.econbiz.de/10005765659

The Supply Side of CO2 with Country Heterogeneity

Hoel, Michael - CESifo - 2011

Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However,...

Persistent link: https://www.econbiz.de/10008914283

Cutting Costs of Catching Carbon - Intertemporal Effects under Imperfect Climate Policy

Hoel, Michael; Jensen, Svenn - CESifo - 2010

We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than com-parable cost reductions...

Persistent link: https://www.econbiz.de/10008833920

Subsidizing Renewable Energy under Capital Mobility

Eichner, Thomas; Runkel, Marco - CESifo - 2010

This paper provides a rationale for subsidizing green (renewable) energy production. Within a multi-country model where energy is produced with mobile capital in green and dirty production, we investigate the countries’ decentralized choice of emissions taxes and green energy subsidies....

Persistent link: https://www.econbiz.de/10008671715

Redistribution and Occupational Choice in a Schumpeterian Growth Model

Wen, Jean-François; García-Peñalosa, Cecilia - CESifo - 2004

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

Persistent link: https://www.econbiz.de/10005405717

Venture Capital Backed Growth

Keuschnigg, Christian - CESifo - 2002

The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …

Persistent link: https://www.econbiz.de/10005405803

The Impact of Continuous Training on a Firm’s Innovations

Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - CESifo - 2008

Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …

Persistent link: https://www.econbiz.de/10005405807

Heavyweights – The Impact of Large Businesses on Productivity Growth

Falck, Oliver - CESifo - 2007

The idea of an industrial policy that promotes large businesses—heavyweights—as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10005405979