Gerlagh, Reyer; Kverndokk, Snorre; Rosendah, Knut Einar - Fondazione ENI Enrico Mattei (FEEM) - 2008
and development (R&D). On a first-best path the environmental tax is set at the Pigouvian level, independent of innovation …This paper addresses the timing and interdependence between innovation and environmental policy in a model of research …