Showing 1 - 10 of 11
This research empirically establishes and theoretically motivates the hypothesis that population aging has a hump-shaped effect on inventive activity. We estimate this hump-shaped relationship in a panel of 33 OECD countries over the period 1960-2012. The increasing part of the hump captures the...
Persistent link: https://www.econbiz.de/10012993693
This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10013316352
economic growth; hence, any better understanding of the process of technological innovation is likely to increase our knowledge …;D international spillovers. The basic questions are as follows. Do knowledge spillovers enhance energy technological innovation in … different regions of the world? Does the speed of innovation increase? Or do free-riding incentives prevail and international …
Persistent link: https://www.econbiz.de/10012751854
Environmental regulations have consistently been found to spur innovation in ‘clean' technologies, with one significant … effect on innovation. Several explanations have been offered, including secondary market failures and a lack of polluter …, contrary to past experience, encouraged innovation rather than adoption. I discuss how these contrasting findings can be …
Persistent link: https://www.econbiz.de/10012925254
that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation …
Persistent link: https://www.econbiz.de/10012914679
commitment for the whole time horizon of infrastructure or innovation investments is impossible. The compatibility of incentive …
Persistent link: https://www.econbiz.de/10013316240
The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon Capture and Storage) efficiency. First, we characterize the set of decentralized equilibria: A particular equilibrium is associated to each vector of public tools which includes...
Persistent link: https://www.econbiz.de/10013095228
improvements in resource substitutes accelerate resource extraction. Sector-specific innovation activities are tantamount to …
Persistent link: https://www.econbiz.de/10013063394
We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on … channels; we find that innovation plays a small but non-negligible role, while the main component is equally split between the …
Persistent link: https://www.econbiz.de/10012930693
innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …
Persistent link: https://www.econbiz.de/10013001160