Innovation and environmental policy: Clean vs. dirty technical change

Detalhes bibliográficos
Autor(a) principal: Cunha-e-Sá, Maria A.
Data de Publicação: 2010
Outros Autores: Leitão, Alexandra, Balcão Reis, Ana
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.
id RCAP_b7b3c30350642df038274f0686d1e3c2
oai_identifier_str oai:run.unl.pt:10362/11248
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling 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
_version_ 1799137843689291776