G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Linking Environmental and Innovation Policy
Reyer Gerlagh; Snorre Kverndokk; Knut Einar Rosendahl
发表日期2008
出处Climate Change and Sustainable Development
出版年2008
语种英语
摘要This paper addresses the timing and interdependence between innovation and environmental policy in a model of research and development (R&D). On a first-best path the environmental tax is set at the Pigouvian level, independent of innovation policy. With infinite patent lifetime, the R&D subsidy should be constant and independent of the state of the environment. However, with finite patent lifetime, optimal innovation policy depends on the stage of the environmental problem. In the early stages of an environmental problem, abatement research should be subsidized at a high level and this subsidy should fall monotonically over time to stimulate initial R&D investments. Alternatively, with a constant R&D subsidy, patents' length should initially have a very long life-time but this should be gradually shortened. In a second-best situation with no deployment subsidy for abatement equipment, we find that the environmental tax should be high compared to the Pigouvian levels when an abatement industry is developing, but the relative difference falls over time. That is, environmental policies will be accelerated compared to first-best.
特色分类H21,O30,Q42
关键词Environmental Policy,Research and Development,Innovation Subsidies,Patents
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/linking-environmental-and-innovation-policy/
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/117578
推荐引用方式
GB/T 7714
Reyer Gerlagh,Snorre Kverndokk,Knut Einar Rosendahl. Linking Environmental and Innovation Policy. 2008.
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