Climate Policy and Innovation in the Absence of Commitment
We compare the effects of price and quantity instruments (an emissions tax and a quota with tradable permits) on the incentive to innovate to reduce the cost of an emission-free technology. We assume that the government cannot commit to the level of a policy instrument before R&D occurs but sets...
| Veröffentlicht in: | Journal of the Association of Environmental and Resource Economists. - The University of Chicago Press, 2014. - 3(2016), 4, Seite 917-955 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
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2016
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| Zugriff auf das übergeordnete Werk: | Journal of the Association of Environmental and Resource Economists |
| Schlagworte: | O31 O38 Q54 Q55 Climate Commitment Emissions tax Innovation Policy instruments R&D |
| Online verfügbar |
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