Data/hora: 12/06/2024 10:52:33

Provedor de dados: 	31	
País: 	United States	
Título: 	How Large Are the Welfare Gains from Technological Innovation Induced by Environmental Policies?	
Autores: 	Parry,   Ian W.H.; Pizer,   William A.; Fischer,   Carolyn.	
Data: 	2005-10-25	
Ano: 	2002	
Palavras-chave: 	Innovation; Welfare; Regulation; Endogenous; Technological; Change; R&amp;D; Environmental Economics and Policy; Q16; Q28; O32; O33.	
Resumo: 	This paper examines whether the welfare gains from technological innovation that reduces future abatement costs are larger or smaller than the "Pigouvian" welfare gains from optimal pollution control. The relative welfare gains from innovation depend on three key factors - the initially optimal level of abatement, the speed at which innovation reduces future abatement costs, and the discount rate. We calculate the welfare gains from innovation under a variety of different scenarios. Mostly they are less than the Pigouvian welfare gains. To be greater, innovation must reduce abatement costs substantially and quickly and the initially optimal abatement level must be fairly modest.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	18435

http://purl.umn.edu/10621	
Editor: 	AgEcon Search	
Relação: 	Resources for the Future&gt;Discussion Papers

Discussion Paper 02-57	
Formato: 	29

application/pdf