The paper studies the degree of homogeneity of innovative behavior inorder to determine empirically an industry classi¯cation of Dutch manu-facturing that can be used for policy purposes. We use a two-limit tobitmodel with sample selection, which explains the decisions by business en-terprises...

In economic models of energy and climate policy, endogenous technological change is generally introduced as the result of either investment in research-and-development or of learningby-doing. In this paper, we analyze alternative ways of modeling learning-by-doing in the renewable energy sector...

This paper analyses the economic effects of the eastern enlargement of the EU both on the existing Member States and the candidate countries using simulation results of a dynamic computable general equilibrium model. In addition to conventional trade policy impacts such as custom union formation...

Uncertainty about compliance costs causes otherwise equivalent price and quantity controls to behave differently. Price controls - in the form of taxes - fix the marginal cost of compliance and lead to uncertain levels of compliance. Meanwhile quantity controls - in the form of tradable permits...

Previous estimates on participation tax rates (PTRs) are reviewed and new, updated PTR estimates of the Finnish case are provided with 2013 data. The results indicate that there has been an increase in the average PTR in Finland after 2011. The sensitivity of PTR calculations is tested in order...

With the recent discovery of crude oil reserves along the Albertine Rift, Uganda is set to establish itself as an oil producer in the coming decade. Total oil reserves are believed to be 2 billion barrels, with recoverable reserves estimated at 0.8-1.2 billion barrels. At peak production, likely...