Mostrando recursos 1 - 4 de 4

  1. Innovation policies for regional structural change: Combining actor-based and system-based strategies

    Isaksen, Arne; Tödtling, Franz; Trippl, Michaela
    There seems to be a widespread consensus in academic and policy circles that the promotion of current economic strongholds and specialisations is no longer sufficient in order to ensure the long-term competitiveness of regions. New policy concepts such as smart specialisation emphasize the need to break with past practices and design and implement innovation strategies that boost regional structural change, i.e. policies that support regional economies to renew their industrial base by diversifying into new but related economic fields or creating entirely new sectors. This new strategic orientation for regional innovation policies has essentially been informed by evolutionary economic geography, which has offered novel insights into how regional...
    (application/pdf) - 04-nov-2016

  2. Cross-Border Technology Differences and Trade Barriers: Evidence from German and French Electricity Markets

    Gugler, Klaus; Haxhimusa, Adhurim
    Using hourly data, we show that the convergence of German and French electricity spot prices depends on the employed generation mix structure, on the trade (export/import) capacity between the two countries, and on characteristics of neighbouring markets. Only when German and French electricity markets employ "similar" generation mixes price spreads vanish, and the likelihood for congestion of electricity flows is significantly reduced. This implies that, at least, a part of the convergence that was documented in recent literature is spurious, because it is not (only) driven by the forces of arbitrage, but by the similarity of the Generation structures. The...
    (application/pdf) - 04-nov-2016

  3. Productivity Growth and the General X-factor in Austria´s Gas Distribution

    Gugler, Klaus; Liebensteiner, Mario
    We estimate cost functions to derive productivity growth using a unique database on costs and outputs of essentially all regulated Austrian gas distribution companies over the period 2002-2013, covering the times before and after the introduction of incentive regulation in 2008. We estimate a concave relation between total costs and time, and a significant one-off but permanent reduction in real costs after an imposed reduction in granted costs in the course of the introduction of incentive regulation. Our results imply that technological opportunities were higher in the early years of the sample than in later years, and that productivity growth...
    (application/pdf) - 04-nov-2016

  4. Voluntary Individual Carbon Trading

    Spash, Clive L.; Theine, Hendrik
    In recent years, the search for regulatory regimes in order to effectively address human induced climate change have become a prominent political and academic issue. Emission trading schemes have risen in popularity and are widely believed to be an effective, as well as economically efficient, measure and have become a favoured government strategy. On the individual level, many individuals in the industrialised nations now undertake actions to offset their personal direct greenhouse gas (GHG) emissions by voluntarily purchasing carbon credits, normally in association with product or service purchase. While this is a fast growing market, advertised as creating a carbon neutral consumer society, the voluntary carbon credit sector...
    (application/pdf) - 18-oct-2016

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