Showing 1 - 10 of 620
If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.
Persistent link: https://www.econbiz.de/10008497582
We advance an original assumption whereby a good state of the environment positively affects labor productivity in R&D such that deteriorating environmental quality negatively impacts R&D. We study the implications of this assumption for the optimal solution in an R&D-based model of growth,...
Persistent link: https://www.econbiz.de/10009292714
Persistent link: https://www.econbiz.de/10008777338
We argue that education exerts positive external effects on health, beyond the standard internal effects documented in the literature. We put forward a model that clarifies the links between education and longevity in the presence of such an externality. We then implement an innovative approach...
Persistent link: https://www.econbiz.de/10008465278
The effective labor possibility frontier (ELPF) is defined as the set of statically efficient allocations of labor imputs in the competing tasks of production and R&D. It summaries the labor scarcity constraint. We show that the dynamically efficient paths of R&D, resource extraction and...
Persistent link: https://www.econbiz.de/10005523832
Environmental policy affects the distribution of market shares if intermediate goods are differentiated in their pollution intensity. When innovations are environment-friendly, a tax on emissions skews demand towards new goods which are the most productive. In this case, the tax has to increase...
Persistent link: https://www.econbiz.de/10010780134
We show that the social desirability of a resource substitute systematically depends on the pattern of resources—either renewable (RR) or non-renewable (NRR)—involved in the resource substitute development program. Developing a RR in an NRR-based economy is particularly rewarding...
Persistent link: https://www.econbiz.de/10010780135
Economists generally hold that environmental regulations impose constraints on the production possibilities set and are therefore potentially harmful to economic growth. In recent years, however, it has been recognized that environmental regulation can enhance the prospects for growth if...
Persistent link: https://www.econbiz.de/10010780238
Persistent link: https://www.econbiz.de/10010936088
On modifie le modèle leader-imitateur de Barro et Sala-i-Martin [1997] en supposant qu?au fur et à mesure que le retard technologique s?accroît, la productivité de la R&D (i) d?abord augmente puis diminue dans la région en retard, et (ii) elle diminue dans la région leader pour des retards...
Persistent link: https://www.econbiz.de/10011025473