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Croce, Mariano (Max) Massimiliano - 2020

government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey … problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …. We characterize the shadow value of growth and entry in the innovation sector. We find that a profit tax is required to …

Persistent link: https://www.econbiz.de/10012853215

A Tax Plan for Endogenous Innovation

Croce, Mariano (Max) Massimiliano - 2020

Persistent link: https://www.econbiz.de/10012854409

An economic anatomy of optimal climate policy

Moreno Cruz, Juan; Wagner, Gernot; Keith, David W. - 2018

This paper introduces geoengineering into an optimal control model of climate change economics. Together with mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different characteristics have important implications for climate...

Persistent link: https://www.econbiz.de/10011853285

Waiting for Godot? The Case for Climate Change Adaptation and Mitigation in Small Island States

Cevik, Serhan - 2022

Global warming is the most significant threat to ecosystems and people’s health and living standards, especially in small island states in the Caribbean and elsewhere. This paper contributes to the debate by analyzing different options to scale up climate change mitigation and adaptation. In...

Persistent link: https://www.econbiz.de/10014076817

Green Tax Reform in Australia in the Presence of Improved Environment-Induced Productivity Gain : Does it Offer Sustainable Recovery from a Post-COVID-19 Recession?

Maxim, Maruf - 2020

Disasters and pandemics such as COVID-19 will change the world in many ways and the road to redemption from the ongoing economic distress may require a novel approach. This paper proposes a path towards economic recovery that keeps sustainability at the forefront. A computable general...

Persistent link: https://www.econbiz.de/10012824475

Effects of carbon pricing and other climate policies on CO2 emissions

Kohlscheen, Emanuel; Moessner, Richhild; Takáts, Előd - 2021

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...

Persistent link: https://www.econbiz.de/10012643539

Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions

Kohlscheen, Emanuel; Moessner, Richhild; Takats, Elod - 2021

Persistent link: https://www.econbiz.de/10013323969

Testing innovation, employment and distributional impacts of climate policy packages in a macro-evolutionary systems setting

Rengs, Bernhard; Scholz-Wäckerle, Manuel; Gazheli, Ardjan - 2015

ways a carbon tax, a reduction of labor taxes, subsidies for green innovation, a price subsidy to consumers for less carbon … terms of carbon emissions. The supply-oriented subsidy for green innovation results in a significant reduction of carbon …

Persistent link: https://www.econbiz.de/10011337072

Climate policies and nationally determined contributions : reconciling the needed ambition with the political economy

Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017

Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...

Persistent link: https://www.econbiz.de/10011660858

Growth and mitigation policies with uncertain climate damage

Bretschger, Lucas; Vinogradova, Alexandra - 2014

Persistent link: https://www.econbiz.de/10010458239