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Environmental R&D

Author

Listed:
  • Hoel, Michael

    (Dept. of Economics, University of Oslo)

Abstract

The topic of this note is issues related to R&D expenditures leading to improved technologies for reducing environmentally harmful emissions. The focus is on the following questions: Will a market economy where environmental policies are restricted to taxes or quotas give the socially efficient outcome for such R&D? Does the answer to this question depend on whether one uses taxes or quotas to regulate emissions? Are market failures associated with environmental innovation different than for innovations elsewhere in the economy?

Suggested Citation

  • Hoel, Michael, 2011. "Environmental R&D," Memorandum 12/2010, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:2010_012
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    File URL: https://www.sv.uio.no/econ/english/research/unpublished-works/working-papers/pdf-files/2010/Memo-12-2010.pdf
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    References listed on IDEAS

    as
    1. Loschel, Andreas, 2002. "Technological change in economic models of environmental policy: a survey," Ecological Economics, Elsevier, vol. 43(2-3), pages 105-126, December.
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    Cited by:

    1. Vidar Christiansen & Stephen Smith, 2009. "Externality-correcting Taxes and Regulation," CESifo Working Paper Series 2793, CESifo.
    2. Hotel, Michael, 2008. "Bush Meets Hotelling: Effects of Improved Renewable Energy Technology on Greenhouse Gas Emissions," Memorandum 29/2008, Oslo University, Department of Economics.
    3. Lisandro Abrego & Carlo Perroni & John Whalley & Randall M. Wigle, 2001. "Trade and Environment: Bargaining Outcomes from Linked Negotiations," Review of International Economics, Wiley Blackwell, vol. 9(3), pages 414-428, August.
    4. Carlo Carraro, 1998. "New Economic Theories," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 365-381, April.
    5. Timothy Swanson, 2001. "Negotiating Effective International Environmental Agreements: Is an Objective Approach to Differential Treatment Possible?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 1(1), pages 125-153, January.
    6. Thomas Bjørner, 1996. "Any need for coordination of policies towards transit traffic with a negative local externality?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 8(2), pages 221-245, September.
    7. Heinz Welsch, 1996. "The carbon tax game: Differential tax recycling in a two-region general equilibrium model of the European community," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(2), pages 356-377, September.
    8. Cooper, James & Carliell-Marquet, Cynthia, 2013. "A substance flow analysis of phosphorus in the UK food production and consumption system," Resources, Conservation & Recycling, Elsevier, vol. 74(C), pages 82-100.
    9. Anastasios Xepapadeas, 1998. "Policy Adoption Rules and Global Warming," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 635-646, April.
    10. Michael Hoel & Perry Shapiro, 2004. "Transboundary Environmental Problems with Mobile but Heterogeneous Populations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 27(3), pages 265-272, March.
    11. Michael Hoel, 2008. "Bush Meets Hotelling: Effects of Improved Renewable Energy Technology on Greenhouse Gas Emissions," CESifo Working Paper Series 2492, CESifo.
    12. Morten Søberg, 2000. "Price Expectations and International Quota Trading: An Experimental Evaluation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 17(3), pages 259-277, November.
    13. Anastasios Xepapadeas, 2001. "Environmental Policy and Firm Behavior: Abatement Investment and Location Decisions under Uncertainty and Irreversibility," NBER Chapters, in: Behavioral and Distributional Effects of Environmental Policy, pages 281-308, National Bureau of Economic Research, Inc.
    14. Alexander Haupt, 2000. "Environmental Product Standards, International Trade and Monopolistic Competition," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 7(4), pages 585-608, August.
    15. Nedanovski, Pece, 2008. "The Use Of Economic Instruments In Transitional Circumstances As A Tool For Sustainable Environmental Policy: Case Study Of Macedonian Path To Meet Globalization Challenges," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 5994, Australian Agricultural and Resource Economics Society.
    16. Hoel,M., 2001. "Domestic inefficiencies caused by transboundary pollution problems when there is no international coordination of environmental policies," Memorandum 17/2001, Oslo University, Department of Economics.
    17. Ye, Gui & Yuan, Hongping & Shen, Liyin & Wang, Hongxia, 2012. "Simulating effects of management measures on the improvement of the environmental performance of construction waste management," Resources, Conservation & Recycling, Elsevier, vol. 62(C), pages 56-63.
    18. Peter Bohm & Björn Carlén, 2002. "A Cost-effective Approach to Attracting Low-income Countries to International Emissions Trading: Theory and Experiments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(2), pages 187-211, October.

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    More about this item

    Keywords

    environmental policy; R&D; endogenous technological development;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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