Showing 1 - 10 of 78
investment programmes. This paper develops the theory on the evaluation of non-marginal policies and projects, with an empirical …
Persistent link: https://www.econbiz.de/10010744993
-pull policies (e.g., guaranteed tariffs, investment and production tax credits), as reflected by wind power capacities installed …
Persistent link: https://www.econbiz.de/10010745607
industry operation, investment, and pricing decisions from other dominant factors such as the financial crisis, and … effects (emissions abatement and investment in low-carbon technologies) as well as two side-effects (profits and price impacts … evidence on innovation and investment impacts is inconclusive. There is strong empirical support for cost-pass through in …
Persistent link: https://www.econbiz.de/10011125999
We estimate the impact of a carbon tax on manufacturing plants using panel data from the UK production census. Our identification strategy builds on the comparison of outcomes between plants subject to the full tax and plants that paid only 20% of the tax. Exploiting exogenous variation in...
Persistent link: https://www.econbiz.de/10011126344
When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it...
Persistent link: https://www.econbiz.de/10011126676
Policies on climate change that encourage 'clean innovation' while displacing 'dirty innovation' could have a positive impact on short-term economic growth while avoiding the potentially disastrous reduction in GDP that could result from climate change over the longer term.
Persistent link: https://www.econbiz.de/10011126727
This paper uses the EPO/OECD World Patent Statistical Database (PATSTAT) to provide a quantitative description of the geographic distribution of inventions in thirteen climate mitigation technologies since 1978 and their international diffusion on a global scale. Statistics suggest that...
Persistent link: https://www.econbiz.de/10011071406
component of environmental policies and to start working through a backlog of public investment to improve the environment …
Persistent link: https://www.econbiz.de/10010744909
This paper is about net national product (NNP). We are concerned with what NNP means, what it should include, what it offers us and, therefore, why we may be interested in it. We show that NNP, properly defined, can be used as a gauge for project evaluation, but we also show that it should not...
Persistent link: https://www.econbiz.de/10011071310
question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …
Persistent link: https://www.econbiz.de/10011126328