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Under perfect competition on the output market, first best technology subsidies in the presence of learning by doing are justified by knowledge spill overs that are not accounted for by individual companies. First best output subsidies are thus depending directly on the learning effects and are,...
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transformation in Europe on its way to complete decarbonization. Mainstream conventional wisdom has it that natural gas, perhaps in … corresponding infrastructure is the next logical step of the transformation process in Europe. The lack of an economic perspective … phasing out of natural gas in Europe has already started, and will continue until its complete phase-out, most likely in the …
Persistent link: https://www.econbiz.de/10012270846