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Explore our research papers, policy briefs, and reports on critical global issues

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2 publications found

  • Environmentally-Responsible Households: Irresponsible Corporate Lobbying

    • Environment

    • Innovation

    • Lobbying

    • Working Paper

    How do firms respond to greener household preferences? We construct a novel index of environmental willingness to act on the state-quarter level based on Google Trends search data. Relating the index to firm-level information on the U.S. automotive sector from 2006 to 2019, we find ambiguous results. On average, firms redirect innovation from conventional combustion […]

  • Environmental Preferences and Technological Choices: Is Market Competition Clean or Dirty?

    • Competition

    • Environment

    • Innovation

    • Publication

    We investigate the effects of consumers’ environmental concerns and market competition on firms’ decisions to innovate in “clean” technologies. Agents care about their consumption and environmental footprint; firms pursue greener products to soften price competition. Acting as complements, these forces determine R&D, pollution, and welfare. We test the theory using panel data on patents by […]

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