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Registros recuperados: 33
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On the Implications of Technological Innovation for Environmental Policy AgEcon
Parry, Ian W.H..
This paper draws on a number of recent studies to shed light on several policy issues raised by the impact of environmental policies on technological innovation. First, to what extent does induced innovation raise the overall net benefits to society from environmental policies? Second, how does induced innovation affect the appropriate choice among alternative environmental policy instruments? Third, how does it affect the optimal stringency of environmental regulations? Fourth, should environmental policies be supplemented with additional policies to promote innovation, such as research contracts or prizes for new technologies?
Tipo: Working or Discussion Paper Palavras-chave: Environment; Technological innovation; Pollution control; Instrument choice; Environmental Economics and Policy; Q28; O38.
Ano: 2001 URL: http://purl.umn.edu/10797
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Inducing Low-Carbon Investment in the Electric Power Industry through a Price Floor for Emissions Trading AgEcon
Brauneis, Alexander; Loretz, Michael; Roland, Mestel; Palan, Stefan.
Uncertainty about long-term climate policy is a major driving force in the evolution of the carbon market price. Since this price enters the investment decision process of regulated firms, this uncertainty increases the cost of capital for investors and might deter invest-ments into new technologies at the company level. We apply a real options-based approach to assess the impact of climate change policy in the form of a constant or growing price floor on investment decisions of a single firm in a competitive environment. This firm has the opportunity to switch from a high-carbon “dirty” technology to a low-carbon “clean” technology. Using Monte Carlo simulation and dynamic programming techniques for real market data, we determine the optimal CO2 price...
Tipo: Working Paper Palavras-chave: Carbon price; Price floor; Technological change; Investment decision; Real option approach; Resource /Energy Economics and Policy; D81; O38; Q55.
Ano: 2011 URL: http://purl.umn.edu/119096
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Instrument Choice for Environmental Protection When Technological Innovation Is Endogenous AgEcon
Fischer, Carolyn; Parry, Ian W.H.; Pizer, William A..
This paper presents an analytical and numerical comparison of the welfare impacts of alternative instruments for environmental protection in the presence of endogenous technological innovation. We analyze emissions taxes and both auctioned and free (grandfathered) emissions permits. We find that under different sets of circumstances each of the three policies may induce a significantly higher welfare gain than the other two policies. In particular, the relative ranking of policy instruments can crucially depend on the ability of adopting firms to imitate the innovation, the costs of innovation, the slope and level of the marginal environmental benefit function, and the number of firms producing emissions. Moreover, although in theory the welfare impacts of...
Tipo: Working or Discussion Paper Palavras-chave: Technological innovation; Externalities; Environmental policies; Welfare impacts; Environmental Economics and Policy; Q28; O38; H23.
Ano: 1998 URL: http://purl.umn.edu/10812
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The Value of Information: A Background Paper on Measuring the Contribution of Space-Derived Earth Science Data to National Resource Management AgEcon
MacAuley, Molly K..
This study, prepared at the request of the Office of Earth Science at the U.S. National Aeronautics and Space Administration (NASA), describes a general framework for conceptualizing the value of information and illustrates how the framework might be used to value information from earth science data collected from space. The framework serves two purposes. One purpose is provision of a common basis by which to conduct and evaluate studies of the value of earth science information that serves a variety of uses, from improving environmental quality to protecting public health and safety. The second purpose is to better inform decision-makers about the value of data and information. Decision-makers comprise three communities: consumers and producers of...
Tipo: Working or Discussion Paper Palavras-chave: Value of information; Earth science; Natural resource economics; Resource /Energy Economics and Policy; O32; O38; Q28.
Ano: 2005 URL: http://purl.umn.edu/10839
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Environmental Regulations, Market Structure and Technological Progress in Renewable Energy Technology — A Panel Data Study on Wind Turbines AgEcon
Rubbelke, Dirk T.G.; Weiss, Pia.
We study the impact of environmental regulations on the patent activities for wind turbines between 1980 and 2008. We explicitly control for energy market liberalisation and take a potential interaction between liberalisation and policy instruments into account. We find a strong and highly significant effect of environmental tax revenues, which we regard as a proxy for the extent to which energy prices changed in favour of renewable energies, as well as foreign demand for wind turbines on innovation activities. In addition, we find that price-based policy instruments are more effective in fostering innovations in the wind turbine technology when energy markets are fully open to competition. In contrast, non-price-based policy instruments such as grants or...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Policy; Renewable Energy; Market Structure; Wind Turbines; Innovation; Patents; Technological Change; Resource /Energy Economics and Policy; Q55; Q58; O34; O38.
Ano: 2011 URL: http://purl.umn.edu/102569
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The Induced Innovation Hypothesis and Energy-Saving Technological Change AgEcon
Newell, Richard G.; Jaffe, Adam B.; Stavins, Robert N..
We develop a methodology for testing Hick's induced innovation hypothesis by estimating a product-characteristics model of energy-using consumer durables, augmenting the hypothesis to allow for the influence of government regulations. For the products we explored, the evidence suggests: (i) the rate of overall innovation was independent of energy prices and regulations, (ii) the direction of innovation was responsive to energy price changes for some products but not for others, (iii) energy price changes induced changes in the subset of technically feasible models that were offered for sale, (iv) this responsiveness increased substantially during the period after energy-efficiency product labeling was required, and (v) nonetheless, a sizeable portion of...
Tipo: Working or Discussion Paper Palavras-chave: Induced innovation; Energy efficiency; Technological change; Economic incentives; Regulation; Standards; Climate change; Resource /Energy Economics and Policy; L51; O31; O38; Q40; Q20; Q48.
Ano: 1998 URL: http://purl.umn.edu/10521
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India's Reform of External Sector Policies and Future Multilateral Trade Negotiations AgEcon
Srinivasan, T.N..
I evaluate India's transition from an inward-oriented development strategy to greater participation in the world economy. While tariff rates have decreased significantly over the past decade, India is still one of the more autarkic countries. Despite improvement over the past in export performance, India continues to lag behind its South- and East Asian neighbors. Second, official debt flows have been largely replaced by foreign direct investment (FDI) and portfolio investment in the 1990s. India's ability to attract FDI would be greatly enhanced by further reforms. I argue that India's participation in a future round of multilateral trade negotiations would benefit India. I outline the further reforms most needed: reform of labour and bankruptcy laws,...
Tipo: Working or Discussion Paper Palavras-chave: India; Antidumping; Developing countries; Economic reform; Export performance; Foreign direct investment; Intellectual property rights; Multilateral trade negotiations; Quantitative restrictions; Real exchange rate; Tariff and non-tariff barriers; World Trade Organization; International Relations/Trade; F13; F14; F15; F21; F35; H54; K31; O34; O38; O53; P11.
Ano: 2001 URL: http://purl.umn.edu/28428
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KNOWLEDGE SPILLOVER, LEARNING INCENTIVES AND ECONOMIC GROWTH AgEcon
Tsur, Yacov; Zemel, Amos.
Knowledge spillover implies that the social value of knowledge is higher than its private value and leads to insufficient private investment in human capital. This paper examines implications for economic growth and offers a remedy. An incentive mechanism that implements the socially optimal outcome is offered based on learning subsidy and flat income or consumption taxes (each levied at a different phase of the growth process). The scheme is self-financed in that the tax proceeds cover exactly the subsidy payments at each point of time.
Tipo: Working or Discussion Paper Palavras-chave: Endogenous growth; Human capital; Knowledge spillover; Learning incentives; Linear taxes; International Development; C61; H21; O33; O38; O41.
Ano: 2004 URL: http://purl.umn.edu/14991
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A Tale of Two Market Failures: Technology and Environmental Policy AgEcon
Jaffe, Adam B.; Newell, Richard G.; Stavins, Robert N..
Market failures associated with environmental pollution interact with market failures associated with the innovation and diffusion of new technologies. These combined market failures provide a strong rationale for a portfolio of public policies that foster emissions reduction as well as the development and adoption of environmentally beneficial technology. Both theory and empirical evidence suggest that the rate and direction of technological advance is influenced by market and regulatory incentives, and can be cost-effectively harnessed through the use of economicincentive based policy. In the presence of weak or nonexistent environmental policies, investments in the development and diffusion of new environmentally beneficial technologies are very likely...
Tipo: Working or Discussion Paper Palavras-chave: Technology; Research and development; Environment; Externality; Policy; Environmental Economics and Policy; O38; Q28; H23.
Ano: 2004 URL: http://purl.umn.edu/10815
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Creating the Conditions for International Business Expansion: The Impact of Regulation on Economic Growth in Developing Countries - A Cross-Country Analysis AgEcon
Jililian, Hossein; Kirkpatrick, Colin; Parker, David.
The role of an effective regulatory regime in promoting economic growth and development and therefore international business has generated considerable interest among researchers and practitioners in recent years. In particular, building effective regulatory structures in developing countries is not simply an issue of the technical design of the most appropriate regulatory instruments, it is also concerned with the quality of supporting regulatory institutions and capacity. Many of the institutions that support markets are publicly provided and the effectiveness of these regulatory institutions can be expected to be an important determinant of how well markets function. This paper explores the role of regulation in affecting economic outcomes using an...
Tipo: Working or Discussion Paper Palavras-chave: Economic growth; Regulation; Governance; Institutions; Economic performance; International Development; C23; I18; L33; L51; L98; O38; O50.
Ano: 2003 URL: http://purl.umn.edu/30554
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Earth Science Remote Sensing Data: Contributions to Natural Resources Policymaking AgEcon
MacAuley, Molly K.; Vukovich, Fred M..
This paper traces the evolution of space-derived remote sensing data and data products from their initial dissemination to their impact on public policy related to climate change. We focus on the examples of renewable energy, public health, and ecosystem assessment. Our approach differs from previous studies that have characterized the value of data in terms of the fundamental scientific phenomena they describe. In our research we have sought to identify contributions of space-derived earth science in "making a difference" beyond scientific understanding, thereby providing at least a partial answer to questions about the utility of research posed by Congress, the Office of Management and Budget, managers at the National Aeronautics and Space...
Tipo: Working or Discussion Paper Palavras-chave: Natural resources; Climate change; Space; Data; Resource /Energy Economics and Policy; Q2; O38.
Ano: 2005 URL: http://purl.umn.edu/10446
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Texto Bàsico de Economia Agrícola: Su importancia para el Desarrollo Local Sostenible AgEcon
Zúniga-González, Carlos Alberto.
The present works is part of my doctoral dissertation for getting title of Doctor of Philosophy with major in Science and Specialization in the Economics of Agriculture and Local Development. The research hypothesis was: “If agricultural and forest activities apply agricultural economics, then it highlights the important element for sustainable local development, useful for the policy maker and decisions taker”. Therefore, the study makes emphasis in the importance for applying agricultural economics to the forest and agricultural activities. The agricultural economics basic text is an elemental document for the agricultural economics curricular component; it is a component for the agricultural and economic science careers. The academic...
Tipo: Book Palavras-chave: Agricultural Economics; Sustainable Local Development; Data Envelopment Analysis.; Agribusiness; Agricultural and Food Policy; Food Security and Poverty; Political Economy; Production Economics; Productivity Analysis; O11; O12; O38; P51; Q18.
Ano: 2011 URL: http://purl.umn.edu/111604
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Technology Adoption and Aggregate Energy Efficiency AgEcon
Pizer, William A.; Harrington, Winston; Kopp, Raymond J.; Morgenstern, Richard D.; Shih, Jhih-Shyang.
Improved technology is often cited as a means to alter the otherwise difficult trade-off between the economic burden of regulation and environmental damage. Focusing on energy-saving technologies that mitigate the threat of climate change, we find that both energy prices and financial health influence technology adoption among a sample of industrial plants in four heavily polluting sectors. Based on a model linking technology adoption to growth in aggregate efficiency, we estimate that a doubling of energy prices, after raising the growth rate to 2.1%, would require slightly more than 50 years to generate a 50% improvement in aggregate efficiency relative to the baseline forecast.
Tipo: Working or Discussion Paper Palavras-chave: Energy efficiency; Endogenous technological change; Technology adoption; Research and Development/Tech Change/Emerging Technologies; O31; O38; Q43; Q48.
Ano: 2002 URL: http://purl.umn.edu/10616
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Regional Food Clusters and Government Support for Clustering: Evidence for a ‘Dynamic Food Innovation Cluster’ in Alberta, Canada? AgEcon
Steiner, Bodo E.; Ali, Jolene.
This paper analyzes government support for networking and regional cluster growth in the food sector. It is, to the best of our knowledge, the first paper to provide a literature review of studies on regional food clusters, focusing on key features that characterize successful regional food clusters. The review compares key characteristics of such clusters with characteristics of clusters from other industrial sectors. The insights from these studies on clustering success and the role of government are contrasted with empirical evidence on government support for clustering in the Canadian food sector, specifically in the province of Alberta. The empirical evidence is based on two small industry surveys, one conducted in March 2005, and the second in August...
Tipo: Working or Discussion Paper Palavras-chave: Location-based clustering; Food clusters; Networks; Innovation; Government support; Alberta; Canada; Industrial Organization; Research and Development/Tech Change/Emerging Technologies; R11; L32; L38; O32; O38; Q13.
Ano: 2009 URL: http://purl.umn.edu/99705
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National Agricultural Biotechnology Research Capacity in Developing Countries AgEcon
Cohen, Joel I.; Komen, John; Zepeda, Jose Falck.
Adequate public research capacity is key to the appropriate development of biotechnology, including genetically modified (GM) crops. While commercial crops can be introduced without intensive local research (i.e. insect resistant GM cotton), introducing products of public research depend on indigenous capacity. This paper defines capacity for agricultural biotechnology research and then provides national funding levels for such work in six developing countries. As one indicator of capacity and outputs, GM crops developed from public research in developing countries are documented, and attention given to issues remaining for capacity, research and development. Knowledge of investments in public biotechnology improves policy decisions, clarifies roles of the...
Tipo: Working or Discussion Paper Palavras-chave: Biotechnology; Research Capacity; GMO; Biosafety; Investments; Funding.; Research and Development/Tech Change/Emerging Technologies; O31; O38; Q16.
Ano: 2004 URL: http://purl.umn.edu/23790
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Pollution Regulation and the Efficiency Gains from Technological Innovation AgEcon
Parry, Ian W.H..
Previous studies suggest that emissions taxes are more efficient at stimulating the development of improved pollution abatement technologies than other policy instruments, such as (non-auctioned) tradable emissions permits. We present results from a competitive model that cast some doubt on the empirical importance of this assertion. For example, we find that efficiency in the market for "environmental R&D" under tradable permits is typically less than 6 percent lower than that under an emissions tax for innovations that reduce pollution abatement costs by 10 percent or less. However the discrepancy is more significant in the case of more major innovations. We also find that the presence of R&D spillovers per se does not necessarily imply large...
Tipo: Working or Discussion Paper Palavras-chave: Emissions tax; Tradable emissions permits; Performance standard; R&D; Efficiency effects; Patents; Environmental Economics and Policy; Q28; O38.
Ano: 1997 URL: http://purl.umn.edu/10653
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The Economics of Technology Diffusion: Implications for Climate Policy in Developing Countries AgEcon
Blackman, Allen.
Recent efforts to forge a consensus on the role developing countries should play in reducing global greenhouse gas emissions have focused attention on climate friendly technologies (CFTs), most notably those that enhance energy efficiency. In the medium term, the effectiveness of technology-based climate strategies will depend critically on the rates at which CFTs diffuse in developing countries. This paper reviews some of the key findings of the economics research on technology diffusion and assesses the implications for climate policy. The most obvious lessons from this research are that widespread diffusion of CFTs may take decades, and that diffusion rates in developing and industrialized countries are likely to be quite different. In addition, the...
Tipo: Working or Discussion Paper Palavras-chave: Technology diffusion; Climate change; Developing countries; Research and Development/Tech Change/Emerging Technologies; O33; O38; Q25; Q28; O48.
Ano: 1999 URL: http://purl.umn.edu/10574
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Innovative development as the anti-crisis factor in economy of Uzbekistan AgEcon
Zufarova, Nargiza.
The article observes policies outlined in government anti-crisis program in Uzbekistan and directed on innovative development of some sectors, including oil and gas sector. The author believes that national economic model demonstrates firm capacity to resist and overcome negative effects of the global financial crisis.
Tipo: Journal Article Palavras-chave: World financial crisis; Economic development; Innovative development; Education; International Development; Research and Development/Tech Change/Emerging Technologies; O38; Q40.
Ano: 2009 URL: http://purl.umn.edu/94532
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Measurement and Explanation of Technical Efficiency Performance in Ukrainian Agriculture, 1991-1996 AgEcon
Murova, Olga I.; Trueblood, Michael A.; Coble, Keith H..
The present study examines technical efficiency patterns in Ukraine’s crop sector for 1991-1996. The economic and policy environment in Ukraine has changed since reform began in 1991. Many policy changes have exerted offsetting economic pressures on efficiency. Enterprise privatization and the liberalization of prices and trade put upward pressure on technical efficiency, whereas start-stop land privatization efforts, unpredictable government intervention, and slow developments in the credit and labor markets put downward pressure on efficiency. We found that technical efficiency appears to have improved slightly over the 1991-1996 period, suggesting that the positive forces had more impact.
Tipo: Journal Article Palavras-chave: Data envelopment analysis; Enterprise privatization; Inefficiency; Price liberalization; Productivity; Stochastic frontier analysis; Technical efficiency; D29; E23; E66; O38; P32.
Ano: 2004 URL: http://purl.umn.edu/43430
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Industrial innovation and economic policy in the Republic of Kazakhstan AgEcon
Titkov, Alexey; Ernazarov, Tahir.
The author outlines the ways how to activate industrial innovation policies of governmental institutions, such as Development Bank of Kazakhstan, Investment Fund of Kazakhstan and National Innovation Fund.
Tipo: Journal Article Palavras-chave: Industrial innovation and economic policy; Resource-based economy; Modernization; Production Economics; Research and Development/Tech Change/Emerging Technologies; O38.
Ano: 2009 URL: http://purl.umn.edu/94530
Registros recuperados: 33
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