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leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that …The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event … the new technology may turn out to generate a new pollution problem. R&D may therefore be optimally undertaken more than …
Persistent link: https://www.econbiz.de/10011422142
there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have … stings attached, i.e. each emits a specific stock pollutant. Damages are convex in individual pollution stocks but additive … across stocks, creating gains from diversification. The research and pollution policies are tightly linked in such a setting …
Persistent link: https://www.econbiz.de/10003592656
there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have … stings attached, i.e. each emits a specific stock pollutant. Damages are convex in individual pollution stocks but additive … across stocks, creating gains from diversification. The research and pollution policies are tightly linked in such a setting …
Persistent link: https://www.econbiz.de/10011422147
leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that …The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event … the new technology may turn out to generate a new pollution problem. R&D may therefore be optimally undertaken more than …
Persistent link: https://www.econbiz.de/10005150927
there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have … stings attached, i.e. each emits a specific stock pollutant. Damages are convex in individual pollution stocks but additive … across stocks, creating gains from diversification. The research and pollution policies are tightly linked in such a setting …
Persistent link: https://www.econbiz.de/10005150929
Persistent link: https://www.econbiz.de/10003880329
developing firm's pollution in a nine-year window after patent filing dates. The environmental benefit of these technologies … positively correlates with their relevance to previous green innovations, and increases with the firm's pollution tendencies and …
Persistent link: https://www.econbiz.de/10013321897
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010225529
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …
Persistent link: https://www.econbiz.de/10010341625
can be controlled by reducing the pollution intensity of a given quantity through costly research (green innovation) and …We study economic growth and pollution control in a model with endogenous rate and direction of technical change …. Economic growth (growth of real GDP) results from growth in the quantity and productivity of polluting intermediates. Pollution …
Persistent link: https://www.econbiz.de/10010337839