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This paper discusses several rationales for the Corporate Average Fuel Economy (CAFE) program, including reduced oil dependence, reduced greenhouse gas emissions, and the possibility that fuel saving benefits from higher standards might exceed added vehicle costs.

The authors begin with a brief conceptual discussion that seeks to identify the channels through which increased availability of energy services might be a key for stimulating economic development along different stages of the development process.

The author addresses three main topics: appropriate goals for extended producer responsibility (EPR); conditions under which EPR should be preferred over alternative non-EPR policy instruments; and specific policy instruments that are both cost-effective and consistent
with EPR principles.

In this paper, the authors first present and discuss the basic logic underlying all neoclassical economic theories of “optimal” energy supply - maximization of the present value of some stream of economic returns. They then discuss how the economic theory of optimal resource depletion has evolved since Hotelling’s classic 1931 article.

A new index of the U.S. high-tech sector, drawing upon a range of technology-specific data, has the potential to offer a more timely assessment of economic activity than has been possible to date. The index suggests that while the tech sector has rebounded from its poor performance in the 2000-01 "tech bust," it has not resumed its rapid expansion of the late 1990s.

This report sheds light on economic development issues through an overview of Arizona’s standing in science and technology today, short case studies of four competitors in the west, as well as Arizona, and ideas for Arizona’s leaders to consider as they strive to give our state an edge.

In this paper, the authors discuss green consumerism as a case of moral motivation among consumers. Drawing on insights from social psychology, they point out that a social interdependency between different consumers’ moral motivation must be expected to exist, even if consumers are motivated by internalized moral norms rather than social sanctions imposed by others.

The third annual report consists of indexes that are designed to measure the long-term competitiveness of
an area. This report finds that for the third year in a row, Delaware emerges as the most competitive state,
followed by Massachusetts.

The authors use U.S. county-level data consisting of 3,058 observations, to study growth determination and measure the speed of income convergence. The data set allows the authors to include nearly 40 different conditioning variables to study their effect on the counties balanced growth paths.

According to the new Index, fundamental shifts in Silicon Valleys economic structure and population profile create new job opportunities but underscore the need for a new, regional economic strategy. The Index suggests that the Valleys economic recovery depends on finding "new means of wealth generation through innovation and entrepreneurship" and strengthening the regions global competitive advantage through greater productivity to offset the high costs of doing business in the region.