Solar energy investment, technological innovation and carbon emission reduction: Evidence from China

Road investment and inventory reduction: Firm level evidence from China∗

This paper empirically identifies a channel through which transport infrastructure improves the efficiency of an economy: reducing inventory stock. To deal with potential endogeneity, we introduce two identification tests. Applying them to a large panel data set on Chinese manufacturers from 1998 to 2007, we find that the dramatic improvement in China’s road transportation network has significa...

Carbon markets and technological innovation

This paper examines the effects of firm-level innovation in carbon-abatement technologies on optimal cap-and-trade schemes with and without price controls. We characterize optimal cap-and-trade regulation with price cap and price floor, and compare it to the special cases of pure taxation and simple emissions cap. Innovation shifts the tradeoff between priceand quantity-based instruments toward...

Energy Policies for Carbon Dioxide Emission Reduction

Does Foreign Direct Investment Hamper Indigenous Technological Creation? Theory and Evidence from China

What impact does foreign direct investment (FDI) have on indigenous technological creation? Despite the answer to this question is both academically interesting and practically important, systematic empirical studies are lacking. This study attempts to help fill this gap by conducting an empirical investigation of the effects of FDI on indigenous technological creation using a firm-level survey...

Foreign Direct Investment, Absorptive Capacity and Regional Innovation Capabilities: Evidence from China

Innovation has widely been regarded as one of the main drivers of economic growth in the knowledge economy. This paper investigates the impact of foreign direct investment (FDI) on the development of regional innovation capabilities using a panel dataset from China. It finds that FDI has a significant positive impact on the overall regional innovation capacity. FDI intensity is also positively ...