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Title:Green R&D versus end-of-pipe emission abatement: A model of directed technical change PDF Logo
Authors:Rauscher, Michael
Issue Date:2009
Series/Report no.:Thünen-series of applied economic theory 106
Abstract:The paper looks at a model of directed technical change in an environmental-economics context. Firms can do conventional or 'green' R&D or they can abate emissions at the end of pipe. The paper has two main foci. On the one hand, it investigates the impact of environmental regulation on the allocation of resources to conventional R&D, green R&D, and end-of-pipe abatement. On the other hand, it addresses the question whether stricter emission standards should be used to support green R&D and/or economic growth.
Subjects:economic growth and the environment
directed technical change
JEL:Q55
O41
Document Type:Working Paper
Appears in Collections:Thünen Series of Applied Economic Theory, Universität Rostock

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