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DOI10.1016/j.jeem.2024.102932
Screening green innovation through carbon pricing
Ahlvik, Lassi; van den Bijgaart, Inge
发表日期2024
ISSN0095-0696
EISSN1096-0449
起始页码124
卷号124
英文摘要Effective climate change mitigation requires green innovation, but not all projects have equal social value. We examine the role of innovation heterogeneity in a model where the policy maker cannot observe innovation quality and directly subsidize the socially most valuable green innovations. We find that carbon pricing works as an innovation screening device; this creates a premium on the optimal carbon price, raising it above the Pigouvian level. We identify conditions for perfect screening and generalize results to screening policies under alternative intellectual property regimes and complementary policies. A calibration reveals that screening can justify a carbon price that is up to three times the Pigouvian price.
英文关键词Carbon pricing; Green innovation; Optimal policy; R&D; Screening
语种英语
WOS研究方向Business & Economics ; Environmental Sciences & Ecology
WOS类目Business ; Economics ; Environmental Studies
WOS记录号WOS:001181390500001
来源期刊JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/290618
作者单位University of Helsinki; Utrecht University
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GB/T 7714
Ahlvik, Lassi,van den Bijgaart, Inge. Screening green innovation through carbon pricing[J],2024,124.
APA Ahlvik, Lassi,&van den Bijgaart, Inge.(2024).Screening green innovation through carbon pricing.JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT,124.
MLA Ahlvik, Lassi,et al."Screening green innovation through carbon pricing".JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 124(2024).
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