In this paper, we aim to assess how the changes in aspects of demand impact the use of energy in the developing economies of Brazil, China, and India and the developed economies of Germany, the United Kingdom, and the United States. To achieve this objective, we use input–output matrices for...

Typically, the greater the degree of economic freedom, the more successfully and efficiently markets perform and the greater the prosperity created through private enterprise. These outcomes from greater freedom accelerate economic growth, which in turn creates opportunities for yet further...

When firms engaged in R&D are observably heterogeneous (in size) and policymakers are able to condition policy on the observed heterogeneity, what is the optimal policy? This paper starts with a static two-stage duopoly model of R&D competition with uncertainty and finds it welfare enhancing to...