Get Access Green Paradox and Directed Technical Change by Julien Daubanes, André Grimaud, Luc Roug
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Author : Julien Daubanes, André Grimaud, Luc Rougé
Publisher : Univ., Center for Economic Studies
Published : 2013
ISBN-10 :
ISBN-13 :
Number of Pages : 28 Pages
Language : en
Keyword :
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Green Paradox and Directed Technical Change Summary
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the subsidies to clean R&D activities causes a less rapid resource extraction, because it enhances the long-run resource productivity. Our result contradicts the green-paradox conjecture that technical improvements in resource substitutes accelerate resource extraction. Sector-specific innovation activities are tantamount to competing economic projects; general equilibrium with several R&D sectors implies no-arbitrage conditions that give rise to not-so-intuitive results.Author : Julien Daubanes, André Grimaud, Luc Rougé
Publisher : Univ., Center for Economic Studies
Published : 2013
ISBN-10 :
ISBN-13 :
Number of Pages : 28 Pages
Language : en
Keyword :
Read Online Green Paradox and Directed Technical Change pdf
Download Green Paradox and Directed Technical Change epub
Green Paradox and Directed Technical Change Audiobook Download
Listen Green Paradox and Directed Technical Change book
Download Green Paradox and Directed Technical Change Audiobook
What is audiobook and how does it work?
Audiobooks are voice recordings of the text of a book that you listen to rather than read. Audiobooks can be exact word-for-word versions of books or abridged versions. You can listen to audiobooks on any smartphone, tablet, computer, home speaker system, or in-car entertainment system.
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