Innovation and environmental policy: Clean vs. dirty technical change
Autor(a) principal: | |
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Data de Publicação: | 2010 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/11248 |
Resumo: | We study a two sector endogenous growth model with environmental quality with two goods and two factors of production, one clean and one dirty. Technological change creates clean or dirty innovations. We compare the laissez-faire equilibrium and the social optimum and study first- and second-best policies. Optimal policy encourages research toward clean technologies. In a second-best world, we claim that a portfolio that includes a tax on the polluting good combined with optimal innovation subsidy policies is less costly than increasing the price of the polluting good alone. Moreover, a discriminating innovation subsidy policy is preferable to a non-discriminating one. |
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7160 |
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Innovation and environmental policy: Clean vs. dirty technical changePollutionEndogenous growthInnovationEnvironmental policyLaissez-faire equilibriumOptimal equilibriumDiscriminating vs. non-discriminating subsidies to R&DWe study a two sector endogenous growth model with environmental quality with two goods and two factors of production, one clean and one dirty. Technological change creates clean or dirty innovations. We compare the laissez-faire equilibrium and the social optimum and study first- and second-best policies. Optimal policy encourages research toward clean technologies. In a second-best world, we claim that a portfolio that includes a tax on the polluting good combined with optimal innovation subsidy policies is less costly than increasing the price of the polluting good alone. Moreover, a discriminating innovation subsidy policy is preferable to a non-discriminating one.Nova SBERUNCunha-e-Sá, Maria A.Leitão, AlexandraBalcão Reis, Ana2014-01-31T14:58:44Z2010-032010-03-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/11248enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T03:45:40Zoai:run.unl.pt:10362/11248Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:20:10.677400Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Innovation and environmental policy: Clean vs. dirty technical change |
title |
Innovation and environmental policy: Clean vs. dirty technical change |
spellingShingle |
Innovation and environmental policy: Clean vs. dirty technical change Cunha-e-Sá, Maria A. Pollution Endogenous growth Innovation Environmental policy Laissez-faire equilibrium Optimal equilibrium Discriminating vs. non-discriminating subsidies to R&D |
title_short |
Innovation and environmental policy: Clean vs. dirty technical change |
title_full |
Innovation and environmental policy: Clean vs. dirty technical change |
title_fullStr |
Innovation and environmental policy: Clean vs. dirty technical change |
title_full_unstemmed |
Innovation and environmental policy: Clean vs. dirty technical change |
title_sort |
Innovation and environmental policy: Clean vs. dirty technical change |
author |
Cunha-e-Sá, Maria A. |
author_facet |
Cunha-e-Sá, Maria A. Leitão, Alexandra Balcão Reis, Ana |
author_role |
author |
author2 |
Leitão, Alexandra Balcão Reis, Ana |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
RUN |
dc.contributor.author.fl_str_mv |
Cunha-e-Sá, Maria A. Leitão, Alexandra Balcão Reis, Ana |
dc.subject.por.fl_str_mv |
Pollution Endogenous growth Innovation Environmental policy Laissez-faire equilibrium Optimal equilibrium Discriminating vs. non-discriminating subsidies to R&D |
topic |
Pollution Endogenous growth Innovation Environmental policy Laissez-faire equilibrium Optimal equilibrium Discriminating vs. non-discriminating subsidies to R&D |
description |
We study a two sector endogenous growth model with environmental quality with two goods and two factors of production, one clean and one dirty. Technological change creates clean or dirty innovations. We compare the laissez-faire equilibrium and the social optimum and study first- and second-best policies. Optimal policy encourages research toward clean technologies. In a second-best world, we claim that a portfolio that includes a tax on the polluting good combined with optimal innovation subsidy policies is less costly than increasing the price of the polluting good alone. Moreover, a discriminating innovation subsidy policy is preferable to a non-discriminating one. |
publishDate |
2010 |
dc.date.none.fl_str_mv |
2010-03 2010-03-01T00:00:00Z 2014-01-31T14:58:44Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/11248 |
url |
http://hdl.handle.net/10362/11248 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Nova SBE |
publisher.none.fl_str_mv |
Nova SBE |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799137843689291776 |