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Registros recuperados: 59 | |
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Elbasha, Elamin H.; Roe, Terry L.. |
This paper uses an endogenous growth model to examine the interaction between trade, economic growth, and the environment. We find that whether trade enhances or retards growth depends on the relation between factor intensities of exportable, importable, and R&D and the relative abundance of the factor R&D uses more intensively. Depending on the intertemporal elasticity of substitution, the long-run rate of economic growth changes with environmental externalities. Concerns about the environment can explain a significant part of cross-country difference in growth rates. For the empirically reported range of the elasticity of intertemporal substitution, countries which care more about the environment grow faster. The effects of trade on the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; F11; O31; O41; Q20. |
Ano: 1995 |
URL: http://purl.umn.edu/7493 |
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Burtraw, Dallas. |
The 1990 U.S. Clean Air Act Amendments (CAAA) instituted a national program in tradable sulfur dioxide (SO2) emission permits, referred to as "emission allowances," in the U.S. electricity sector. This paper provides a survey and assessment of the SO2 allowance trading program with a focus on the role of innovation. Over the last decade the cost of compliance has fallen dramatically compared with most expectations, and today the total cost of the program is 40-140% lower than projections (depending on the timing of those projections and the counter-factual baseline considered). Marginal costs of reductions are less than one-half the cost considered in most analyses at the time the program was introduced. Innovation accounts for a large portion of these... |
Tipo: Working or Discussion Paper |
Palavras-chave: Innovation; Incentive-based regulation; SO2 trading; Clean Air Act Amendments; Environmental Economics and Policy; O31; Q25. |
Ano: 2000 |
URL: http://purl.umn.edu/10599 |
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Furtan, William Hartley; Sauer, Johannes. |
This paper empirically investigates the determinants of firms’ performance in the agri-food sector by using recent survey data for Denmark. Treating sales per employee as a proxy for value addition we estimate several bootstrapped regression models to draw conclusions on the marginal effects of potential performance determinants such as the form and nature of ownership, stage of the food chain and commodity sector, new product development, staff quality, firms’ competitive stance, and elements of firms’ strategy. To draw robust inferences we apply, besides the ordinary heteroscedasticity corrected Tobit ML-estimator, a nonparametric least absolute deviations estimator (LAD/CLAD) based on a quantile regression procedure. The results indicate that we cannot... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Value added; Innovation; Organizational type; Agribusiness; Q13; O31; O33. |
Ano: 2008 |
URL: http://purl.umn.edu/6422 |
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Noailly, Joelle. |
This paper investigates the impact of alternative environmental policy instruments on technological innovations aiming to improve energy-efficiency in buildings. The empirical analysis focuses on three main types of policy instruments, namely regulatory energy standards in buildings codes, energy taxes as captured by energy prices and specific governmental energy R&D expenditures. Technological innovation is measured using patent counts for specific technologies related to energy-efficiency in buildings (e.g. insulation, high-efficiency boilers, energy-saving lightings). The estimates for seven European countries over the 1989-2004 period imply that a strengthening of 10% of the minimum insulation standards for walls would increase the likelihood to... |
Tipo: Working or Discussion Paper |
Palavras-chave: Innovation; Technological Change; Patents; Energy-Efficiency; Buildings; Environmental Policy; Resource /Energy Economics and Policy; O31; O34; Q55. |
Ano: 2010 |
URL: http://purl.umn.edu/94777 |
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Aghion, Philippe; Van Reenen, John; Zingales, Luigi. |
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional owners increase managerial incentives to innovate by reducing the career risk of risky projects. The data supports the career concerns model. First, whereas the lazy manager hypothesis predicts a substitution effect between institutional ownership and product market competition (and managerial entrenchment generally), the career-concern model allows for complementarity. Empirically, we reject substitution effects. Second, CEOs are less likely to be fired in the face of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Career Concerns; Innovation; Institutional Ownership; Productivity and R&D; Financial Economics; G20; G32; O31; O32; O33. |
Ano: 2010 |
URL: http://purl.umn.edu/93414 |
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Registros recuperados: 59 | |
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