Hašèiè, Ivan; Johnstone, Nick; Kalamova, Margarita - In: Czech Journal of Economics and Finance (Finance a uver) 59 (2009) 5, pp. 426-441
It has long been argued that the implementation of flexible policy instruments, such as environmentally-related taxes and tradable permits, is likely to lead to greater technological innovation than more prescriptive forms of regulation such as technology-based standards. One of the principle...
