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The socio-economic impact of Reaganomics and its long-run deleterious legacy is documented. The preponderance of data indicate that economic growth was not particularly impressive in the wake of the tax cuts of 1981 or 1986. GDP did snap back to potential but failed to accelerate beyond the...
Persistent link: https://www.econbiz.de/10011924634
, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …
Persistent link: https://www.econbiz.de/10011497793
may be positive or negative, depending on foreign countries' trade position. -- innovation ; financial development ; R …
Persistent link: https://www.econbiz.de/10009240877
The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry … on supermodularity and submodularity tests for obstacles to innovation (in the present application: lack of finance … analysis highlights the two phases of the innovation process in terms of the propensity and intensity of innovation. The …
Persistent link: https://www.econbiz.de/10003883864
industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …
Persistent link: https://www.econbiz.de/10011449855
This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...
Persistent link: https://www.econbiz.de/10010519926
Since governments can influence the demand for a new abatement technology through their environmental policy, they may be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R&D may be lower than the incentives for market goods...
Persistent link: https://www.econbiz.de/10009130253
Does access to information and communication technologies (ICT) increase innovation? We examine this question by …
Persistent link: https://www.econbiz.de/10012304309
Encouraging innovation is an important part of environmental policy. A large literature in environmental economics … examines the links between environmental policy and innovation. This paper reviews recent literature on green innovation. I … different policy instruments on innovation. I include a discussion of the justifications and evidence for technology …
Persistent link: https://www.econbiz.de/10011983674
The paper compares two state-of-art but very dinstinct methods used in macroeconomics: rational-expectations DSGE and bounded rationality behavioural models. Both models are extended to include a financial friction on the supply side.The result in both models is that production, supply of credit...
Persistent link: https://www.econbiz.de/10011374197