• 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) ...