supply chains, material sourcing and use, radically different energy systems, and a new industrial policy centred on …

? How can we model and study the role of state-owned enterprises (SOEs) as agents of industrial policy? How can we model …

even in the presence of Pigouvian environmental taxation, a targeted industrial policy is generally necessary to implement … the social optimum. We also show that: (i) small, targeted, industrial policy may bring large welfare gains; (ii) a … reduction, and show that, absent industrial policy, the economy can get stuck in a "wrong" steady-state with CO2 emissions …