Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22067
Authors: 
Requate, Till
Year of Publication: 
2003
Series/Report no.: 
Economics working paper / Christian-Albrechts-Universität Kiel, Department of Economics 2003,07
Abstract: 
We investigate the interplay between environmental policy, incentives to adopt new technology, and repercussions on R&D. We study a model where a monopolistic upstream firm engages in R&D and sells advanced abatement technology to polluting downstream firms which are subject to regulation. We consider for different timing and commitment regimes of environmental tax and permit policies: ex post taxation (or issuing permits) ex interim commitment to a tax rate (a quota of permits) after observing R&D success but before adaption, and two types of ex ante commitment before R&D activity. We study the second best tax and permit rules and rank the policies with respect to welfare.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
797.9 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.