Gateway to Think Tanks
来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Optimal Timing of Environmental Policy; Interaction Between Environmental Taxes and Innovation Externalities | |
Reyer Gerlagh; Snorre Kverndokk; Knut Einar Rosendahl | |
发表日期 | 2007 |
出处 | Climate Change and Sustainable Development |
出版年 | 2007 |
语种 | 英语 |
摘要 | This paper addresses the impact of endogenous technology through research and development (R&D) and learning by doing (LbD) on the timing of environmental policy. We develop two models, the first with R&D and the second with LbD. We study the interaction between environmental taxes and innovation externalities in a dynamic economy and prove policy equivalence between the second-best R&D and the LbD model. Our analysis shows that the difference found in the literature between optimal environmental policy in R&D and LbD models can partly be traced back to the set of policy instruments available, rather than being directly linked to the source of technological innovation. Arguments for early action in LbD models carry over to a second-best R&D setting. We show that environmental taxes should be high compared to the Pigouvian levels when an abatement industry is developing. We illustrate our analysis through numerical simulations on climate change policy. |
特色分类 | H21,O30,Q42 |
关键词 | Environmental Policy,Technological Change,Research and Development,Learning by Doing |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/optimal-timing-of-environmental-policy-interaction-between-environmental-taxes-and-innovation-externalities/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117454 |
推荐引用方式 GB/T 7714 | Reyer Gerlagh,Snorre Kverndokk,Knut Einar Rosendahl. Optimal Timing of Environmental Policy; Interaction Between Environmental Taxes and Innovation Externalities. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2007-035.pdf(501KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。