Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51319 
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dc.contributor.authorDietrich, Antje-Mareikeen
dc.contributor.authorSieg, Gernoten
dc.date.accessioned2011-11-02-
dc.date.accessioned2011-11-14T17:11:02Z-
dc.date.available2011-11-14T17:11:02Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/51319-
dc.description.abstractThis article shows that in the presence of environmental externalities, it may be welfare enhancing to overcome a technological lock-in by a deadend technology through governmental intervention. It is socially desirable to subsidize a dead-end technology if its environmental externality is small relative to the one of the established technology, if the installed base and/or the strength of the network effect is small and if future generations matter. Applying our results to the private transport sector, governments promoting alternatives to gasoline-driven vehicles have to be aware of these opposing welfare effects.en
dc.language.isoengen
dc.publisher|aTechnische Universität Braunschweig, Institut für Volkswirtschaftslehre |cBraunschweigen
dc.relation.ispartofseries|aEconomics Department Working Paper Series |x12en
dc.subject.jelO33en
dc.subject.jelL92en
dc.subject.jelQ55en
dc.subject.ddc330en
dc.subject.keywordenvironmental externalitiesen
dc.subject.keywordnetwork effectsen
dc.subject.keywordprivate transporten
dc.subject.keywordtechnological changeen
dc.titleWelfare effects of subsidizing a dead-end network of less polluting vehicles-
dc.typeWorking Paperen
dc.identifier.ppn671174509en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:tbswps:12en

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