AbstractThe 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?
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Bibliographic InfoPaper provided by Oslo University, Department of Economics in its series Memorandum with number 12/2010.
Length: 24 pages
Date of creation: 03 Jan 2011
Date of revision:
Contact details of provider:
Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Phone: 22 85 51 27
Fax: 22 85 50 35
Web page: http://www.oekonomi.uio.no/indexe.html
More information through EDIRC
environmental policy; R&D; endogenous technological development;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; 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
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Löschel, Andreas, 2001.
"Technological change in economic models of environmental policy: a survey,"
ZEW Discussion Papers
01-62, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- 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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