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DOI | 10.1016/j.jeem.2024.102932 |
Screening green innovation through carbon pricing | |
Ahlvik, Lassi; van den Bijgaart, Inge | |
发表日期 | 2024 |
ISSN | 0095-0696 |
EISSN | 1096-0449 |
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
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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 |
推荐引用方式 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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