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Discussion papers are research materials circulated by their authors for purposes of information and discussion. They have not necessarily undergone formal peer review or editorial treatment. Abstract Costs and benefits in the distant future—such as those associated with global warming, long-lived infrastructure, hazardous and radioactive waste, and(More)
Discussion papers are research materials circulated by their authors for purposes of information and discussion. They have not necessarily undergone formal peer review or editorial treatment. Abstract We analyze technology adoption decisions of manufacturers in response to energy audits provided by Department of Energy Industrial Assessment Centers. Using(More)
No portion of this paper may be reproduced without permission of the authors. Discussion papers are research materials circulated by their authors for purposes of information and discussion. They may not have undergone formal peer review or the editorial treatment accorded RFF books and other publications. Abstract We develop a methodology for testing(More)
Contents Abstract 462 Keywords 462 1. Introduction 463 2. Fundamental concepts in the economics of technological change 464 2.1. Schumpeter and the gale of creative destruction 464 2.2. Production functions, productivity growth, and biased technological change 465 2.3. Technological change and endogenous economic growth 468 3. Invention and innovation 469 3.
The relationship between technological change and environmental policy has received increasing attention from scholars and policy makers alike over the past ten years. This is partly because the environmental impacts of social activity are significantly affected by technological change, and partly because environmental policy interventions themselves create(More)