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Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...
Persistent link: https://www.econbiz.de/10013018720
Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …
Persistent link: https://www.econbiz.de/10013243611
Although economists cite potential gains from induced innovation as an advantage of using market-based mechanisms to … control. I find that requiring plants constructed before 1990 to install scrubbers created incentives for innovation that …
Persistent link: https://www.econbiz.de/10013222060
technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …
Persistent link: https://www.econbiz.de/10013216875
, droughts and flooding on the innovation of their respective mitigation technologies. Using patent and disaster data, our study … is the first to relate natural disasters to technology innovation, and also presents the first attempt to empirically …
Persistent link: https://www.econbiz.de/10013035368
R&D is an uncertain activity with highly skewed outcomes. Nonetheless, most recent empirical studies and modeling estimates of the potential of technological change focus on the average returns to research and development (R&D) for a composite technology and contain little or no information...
Persistent link: https://www.econbiz.de/10013066763
links energy-related R&D to changes in the price of carbon. Drawing on my experiences from empirical studies on innovation … using patents to study environmental innovation and diffusion, and discuss its implications for modeling climate change …
Persistent link: https://www.econbiz.de/10013324588
existing knowledge have strongly significant positive effects on innovation. Furthermore, I show that omitting the quality of …
Persistent link: https://www.econbiz.de/10013246366
While many studies have looked at innovation and adoption of technologies separately, the two processes are linked …
Persistent link: https://www.econbiz.de/10013247437
Using patent data from the United States, Japan, and Germany, this paper examines both the innovation and diffusion of … environmental regulations. Moreover, any technology transfer that occurs appears to be indirect. Domestic innovation occurs even for …
Persistent link: https://www.econbiz.de/10013249262