• A Comment on the Environment and Directed Technical Change 

      Greaker, Mads; Heggedal, Tom-Reiel (Discussion papers;713, Working paper, 2012-11)
      The major claim in Acemoglu, Aghion, Bursztyn & Hemous (2012) (AABH) is that subsidies for research and development of clean technologies are more important than carbon taxes when dealing with climate change. However, they ...
    • Directed technical change and the resource curse 

      Greaker, Mads; Heggedal, Tom-Reiel; Rosendahl, Knut Einar (Discussion Paper;No. 991, Working paper, 2022-09)
      The "resource curse" is a potential threat to all countries relying on export income from abundant natural resources such as fossil fuels. The early literature hypothesized that easily accessible natural resources would ...
    • Knowledge spillovers and the timing of R&D policy 

      Bjertnæs, Geir Haakon; Heggedal, Tom-Reiel; Jacobsen, Karl (Discussion Papers;635, Working paper, 2010)
      We analyze how knowledge spillovers influence the optimal timing of R&D policy. Using numerical simulations we find that optimal subsidies to R&D may be rising over time even when the returns to knowledge is decreasing. ...
    • Lock-in and the transition to hydrogen cars. When should governments intervene? 

      Greaker, Mads; Heggedal, Tom-Reiel (Discussion Papers;No. 516, Working paper, 2007)
      Abstract: The density of fuel filling stations influences consumers' utility of private car transport. Thus, to the extent that different modes of private transport require different fuels, there may exist a network ...
    • On R&D anf the undersupply of emerging versus mature technolgies 

      Heggedal, Tom-Reiel (Discussion Papers;571, Working paper, 2008)
      An important policy question is whether research and development (R&D) in new, emerging technologies should be more subsidized than R&D in other more mature technologies. In this paper I analyze if innovation externalities ...
    • Timing of innovation policies when carbon emissions are restricted : an applied general equilibrium analysis 

      Heggedal, Tom-Reiel; Jacobsen, Karl (Discussion Papers;No. 536, Working paper, 2008)
      Abstract: This paper studies the timing of subsidies for environmental research and development (R&D) and how innovation policy is influenced by the costs of emissions. We use a dynamic computable general equilibrium (CGE) ...
    • Welfare and growth impacts of innovation policies in a small, open economy. An applied general equilibrium analysis 

      Bye, Brita; Fæhn, Taran; Heggedal, Tom-Reiel (Discussion Papers;No. 510, Working paper, 2007)
      We explore how innovation incentives in a small, open economy should be designed in order to achieve the highest welfare and growth, by means of a computable general equilibrium model with R&D-driven endogenous technological ...