Data/hora: 11/06/2024 16:37:11

Provedor de dados: 	Research in Agricultural & Applied Economics (AgEcon Searh)	
País: 	United States	
Título: 	Policy-Induced Technology Adoption: Evidence from the U.S. Lead Phasedown	
Autores: 	Kerr,   Suzi; Newell,   Richard G.	
Data: 	2005-10-26	
Ano: 	2001	
Palavras-chave: 	Technology; Adoption; Diffusion; Environment; Regulation; Lead; Gasoline; Tradable permit; Incentive-based policy; Research and Development/Tech Change/Emerging Technologies; C41; L71; O31; O33; Q28; Q48.	
Resumo: 	The theory of environmental regulation suggests that economic instruments, such as taxes and tradable permits, create more effective technology adoption incentives than conventional regulatory standards. We explore this issue for an important industry undergoing technological responses to a dramatic decrease in allowed pollution levels - the petroleum industry's phasedown of lead in gasoline. Using a panel of refineries from 1971 to 1995, we provide some of the first direct evidence that alternative policies affect the pattern of adoption in expected ways. Importantly, we find that the tradable permit system used during the lead phasedown provided incentives for more efficient technology adoption decisions. Where environmentally appropriate, this suggests that flexible market-based regulation can achieve environmental goals while providing better incentives for technology diffusion.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	18552

http://purl.umn.edu/10834	
Editor: 	AgEcon Search	
Relação: 	Resources for the Future&gt;Discussion Papers

Discussion Paper 01-14	
Formato: 	40

application/pdf