Energy taxes and endogenous technological change
نویسندگان
چکیده
منابع مشابه
Energy taxes and endogenous technological change (Running Title: Energy taxes)
This paper studies the effects of a tax on energy use in a growth model where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between TFP growth and aggregate R&D), the tax has no effect on the steady-state growth rate. It has, however, important transitional effects that giv...
متن کاملEnergy taxes and endogenous technological change
This paper studies the effects of a tax on energy use in a growth model where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between TFP growth and aggregate R&D), the tax has no effect on the steady-state growth rate. It has, however, important transitional effects that giv...
متن کاملEnergy taxes and endogenous technological change (Preliminary: Please do not cite)
This paper studies the effects of a Pigouvian tax on energy use on the growth path of a model economy where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between growth and aggregate effort in R&D), the tax has no effect on the economy’s steady-state growth rate. It has, ho...
متن کاملHybrid Energy-economy Models and Endogenous Technological Change
Energy-economy models are especially useful to policy makers if they indicate the effect of energy and environment policies on the technology choices of businesses and consumers what is called endogenous modeling of technological change. The hybrid model described in this chapter is technologically explicit, like a bottom-up engineering model, but also behaviorally realistic, like a top-down ma...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Management
سال: 2009
ISSN: 0095-0696
DOI: 10.1016/j.jeem.2008.07.007