Blar i Discussion Papers på forfatter "Jacobsen, Karl"
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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. ... -
On general versus emission saving R&D support
Bye, Brita; Jacobsen, Karl (Discussion Papers;584, Working paper, 2009)We analyse welfare effects of supporting general versus emission saving technological development when carbon emissions are regulated by a carbon tax. We use a computable general equilibrium model with induced technological ... -
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) ...