Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/198904 
Authors: 
Year of Publication: 
2019
Series/Report no.: 
CESifo Working Paper No. 7544
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Encouraging innovation is an important part of environmental policy. A large literature in environmental economics examines the links between environmental policy and innovation. This paper reviews recent literature on green innovation. I highlight major trends in the literature, including an increased number of cross-country studies and a focus on the effect of different policy instruments on innovation. I include a discussion of the justifications and evidence for technology-specific policy incentives and present evidence on the effectiveness of government R&D spending. My review concludes with a discussion of three promising areas for new research on environmental innovation.
Subjects: 
green innovation
induced innovation
pollution
climate change
renewable energy
energy efficiency
research and development
technology policy
JEL: 
O31
O38
Q55
Document Type: 
Working Paper
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