margin innovation decision (i.e. whether to conduct innovation) from the intensive margin decision (i.e. how much to innovate … innovation towards REN and away from FF technologies. Yet, we find that these factors have a larger impact on closing the … technology gap through the entry (and exit) of small specialized firms, rather than through large mixed firms' innovation. An …

This study proposes a new mechanism for the resource curse: crowding-out of innovation due to the existence of an … increase in resources decreases innovation in the formal sector, both income and welfare still go up. Meanwhile, for …

dirty innovation and production; (ii) optimal policy involves both “carbon taxes” and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …

energy R&D expenditures. Technological innovation is measured using patent counts for specific technologies related to energy …

technical change framework. Unilateral policies alter the structure of production and thereby innovation incentives across … countries. Whenever feasible, optimal policies implement sustainable growth by directing global innovation to the nonpolluting … sector. If nonparticipants drive global innovation, this requires policies relocating clean production to nonparticipants. A …

This paper contributes to the induced innovation literature by extending the analysis of supply and demand determinants … of innovation in energy-efficient technologies to account for international knowledge flows and spillovers. In the first … the supply and demand determinants of innovation accounting for international knowledge spillovers. Our results confirm …