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The Role of Technological Change in Green Growth
Popp, David - 2014
By reducing the costs of environmental protection, technological change is important for promoting green growth. This entails both the creation of new technologies and more widespread deployment of existing green technologies. This paper reviews the literature on environmentally friendly...
Persistent link: https://www.econbiz.de/10013065135
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Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry
Aghion, Philippe - 2014
Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...
Persistent link: https://www.econbiz.de/10013064941
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The Rise and Decline of General Laws of Capitalism
Acemoglu, Daron; Robinson, James A. - 2014
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10013039764
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Risk and Return in Environmental Economics
Pindyck, Robert S. - 2012
I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages,...
Persistent link: https://www.econbiz.de/10013103046
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International Trade and the Negotiability of Global Climate Change Agreements
Whalley, John - 2014
Country incentives to participate in cooperative arrangements which either fully or partially internalize climate change externalities from carbon emissions involve critical asymmetries. Small countries trade off own country costs of carbon mitigation actions against their own benefits from...
Persistent link: https://www.econbiz.de/10012750979
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From Green Users to Green Voters
Comin, Diego A. - 2014
We study the effect of the diffusion of photovoltaic (PV) systems on the fraction of votes obtained by the German Green Party in federal elections. Using both regional and household survey data, we show that households that adopted PV systems became more supportive of the Green Party. We...
Persistent link: https://www.econbiz.de/10013063510
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How Can Behavioral Economics Inform Non-Market Valuation? an Example from the Preference Reversal Literature
Alevy, Jonathan E. - 2010
evaluation modes, in which stated economic values critically depend on whether the good is valued jointly with others or in …
Persistent link: https://www.econbiz.de/10013142937
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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - 2021
We analyze an economy where managers engage both in the adaptation of technologies from the world frontier and in … investments, but little selection. Closer to the world technology frontier, there is a switch to innovation-based strategy with …. However, societies that cannot switch out of the investment-based strategy fail to converge to the world technology frontier …
Persistent link: https://www.econbiz.de/10013233846
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Technological Change and the Environment
Jaffe, Adam B.; Newell, Richard G.; Stavins, Robert N. - 2021
Environmental policy discussions increasingly focus on issues related to technological change. This is partly because the environmental consequences of social activity are frequently affected by the rate and direction of technological change, and partly because environmental policy interventions...
Persistent link: https://www.econbiz.de/10013233728
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From Growth to Green Growth - a Framework
Hallegatte, S. - 2012
Green growth is about making growth resource-efficient, cleaner and more resilient without slowing it. This paper aims at clarifying this in an analytical framework and proposing foundations for green growth. This framework identifies channels through which green policies can potentially...
Persistent link: https://www.econbiz.de/10013110475