German hard coal has been subsidized for almost five decades. Despite the decreasing labour market significance of hard coal production in Germany, the magnitude of subsidies had increased until the middle of the last decade. In 1996, these subsidies peaked at around 6.7 billion Euros. Only...

This article demonstrates that the feed-in tariffs currently guaranteed for photovoltaics constitute a sub-sidization regime that, if prolonged until 2020, threatens to reach a level comparable to that of German hard coal production. Yet, as a consequence of the coexistence of the Renewable...

Since the first statement of Hicks's induced innovation hypothesis in 1932, a large number of theoretical and empirical studies have analyzed the issue of price-induced technological change-many of them on the basis of substitution elasticities. This note compares technologies across space and...

Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...

It is frequently hypothesized that environmental management systems (EMSs) may improve firms' environmental innovation performance. Whether this hypothesis is true is as critical for environmental policy as questions pertaining to the relevant incentives for (1) a firm's voluntary adoption of an...

Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification-this is also the approach used by the majority of studies analyzing the substitutability of...