G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Cournot Competition and "Green" Innovation: An Inverted-U Relationship
Luca Lambertini; Joanna Poyago-Theotoky; Alessandro Tampieri
发表日期2015
出处Climate Change and Sustainable Development
出版年2015
语种英语
摘要We examine the relationship between competition and innovation in an industry where production is polluting and R&D aims to reduce emissions ("green" innovation). We present an n-firm oligopoly where firms compete in quantities and decide their investment in "green" R&D. When environmental taxation is exogenous, aggregate R&D investment always increases with the number of firms in the industry. Next we analyse the case where the emission tax is set endogenously by a regulator (committed or time-consistent) with the aim to maximise social welfare. We show that an inverted-U relationship exists between aggregate R&D and industry size under reasonable conditions, and is driven by the presence of R&D spillovers. *** Suggested citation: Lambertini, L., J. Poyago-Theotoky, A. Tampieri, (2015), 'Cournot Competition and "Green" Innovation: An Inverted-U Relationship', Nota di Lavoro 73.2015, Milan, Italy: Fondazione Eni Enrico Mattei.
特色分类Q55;Q56;O30;L13
关键词"Green" R&D R&D Spillovers Emission Taxation Time-Consistent Emission Tax Pre-Commited Emission Tax
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/cournot-competition-and-green-innovation-an-inverted-u-relationship/
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/118430
推荐引用方式
GB/T 7714
Luca Lambertini,Joanna Poyago-Theotoky,Alessandro Tampieri. Cournot Competition and "Green" Innovation: An Inverted-U Relationship. 2015.
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