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Taxes versus permits as incentive for the intertemporal supply of a clean technology by a monopoly

Wirl, Franz - In: Resource and Energy Economics 36 (2014) 1, pp. 248-269

This paper investigates the intertemporal monopolistic supply of a clean technology and addresses the following questions: How does the lack of governments to commit restrict the incentives and thereby the supply of clean technologies? Are either emission taxes or emission permits better suited...

Persistent link: https://www.econbiz.de/10010737811

The optimal time path for carbon abatement and carbon sequestration under uncertainty: The case of stochastic targeted stock

Haim, David; Plantinga, Andrew J.; Thomann, Enrique - In: Resource and Energy Economics 36 (2014) 1, pp. 151-165

uncertainty of climate impacts. Using a two-period sequential decision making model, we analytically derive optimal rates for the … two control variables, abatement and sequestration rates. Uncertainty is assumed to affect the desired future …. Contrary to recent numerical studies, we find that uncertainty can make it optimal to use carbon sequestration either earlier …

Persistent link: https://www.econbiz.de/10010737814

Carbon pricing design: Effectiveness, efficiency and feasibility : An investment perspective

Flues, Florens - 2020

Carbon pricing helps countries steer their economies towards and along a carbon-neutral growth path. This paper considers how the design of carbon pricing instruments affects their effectiveness, efficiency and feasibility. Design choices matter both for taxes and Emissions Trading Systems...

Persistent link: https://www.econbiz.de/10012454840

The use of revenues from carbon pricing

Marten, Melanie; Van Dender, Kurt - 2019

The paper collects comprehensive and detailed data on what 40 OECD and G20 economies do with the revenues from carbon taxes, emissions trading systems, and excise taxes on energy use. It notes that constraints – which can take the form of political commitments or legal earmarks – on revenue...

Persistent link: https://www.econbiz.de/10012135991

A dynamic game of emissions pollution with uncertainty and learning

Masoudi, Nahid; Santugini, Marc; Zaccour, Georges - In: Environmental & resource economics : the official … 64 (2016) 3, pp. 349-372

Persistent link: https://www.econbiz.de/10011592096

Strategic carbon taxation and energy pricing under the threat of climate tipping events

Zhang, Xiao-Bing; Zhu, Lei - In: Economic modelling 60 (2017), pp. 352-363

Persistent link: https://www.econbiz.de/10011734250

The Unequal Economic Consequences of Carbon Pricing

Känzig, Diego R. - National Bureau of Economic Research - 2023

emissions and more green innovation. This comes at the cost of a fall in economic activity, which is borne unequally across …

Persistent link: https://www.econbiz.de/10014287322

The Relationship between Market Structure and Innovation in Industry Equilibrium: A Case Study of the Global Automobile Industry

Hashmi, Aamir Rafique; Van Biesebroeck, Johannes - C.E.P.R. Discussion Papers - 2012

study the equilibrium relationship between market structure and innovation. The key state variable in the model is the …. Efficiency is estimated to be stochastically increasing in the dynamic control--innovation--which is proxied by patenting … behavior. Equilibrium innovation is a function of all state variables in the industry and the cost of R&D which includes a …

Persistent link: https://www.econbiz.de/10011084428

Voracity, growth, and welfare

Fujiwara, Kenji - In: Economics Letters 116 (2012) 1, pp. 11-14

This paper explores some implications of the comparison between feedback Nash and Stackelberg equilibria for growth and welfare in a ‘voracity’ model. We show that, as compared to the Nash equilibrium, the Stackelberg equilibrium involves a lower growth rate, while it leaves both the leaders...

Persistent link: https://www.econbiz.de/10010576430

On the Enforcement of Cooperative Environmental Policies

Pallage, Stephane - In: Review of Economic Dynamics 3 (2000) 3, pp. 572-596

This paper investigates the sustainability of Pareto optimal policies for the replenishment of renewable resources shared by two countries with asymmetrical wealth. It does so within a two-country neo-classical growth model with externality. In absence of commitment, it identifies simple...

Persistent link: https://www.econbiz.de/10005090995