Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/51319
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Dietrich, Antje-Mareike | en |
dc.contributor.author | Sieg, Gernot | en |
dc.date.accessioned | 2011-11-02 | - |
dc.date.accessioned | 2011-11-14T17:11:02Z | - |
dc.date.available | 2011-11-14T17:11:02Z | - |
dc.date.issued | 2011 | - |
dc.identifier.uri | http://hdl.handle.net/10419/51319 | - |
dc.description.abstract | This 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.iso | eng | en |
dc.publisher | |aTechnische Universität Braunschweig, Institut für Volkswirtschaftslehre |cBraunschweig | en |
dc.relation.ispartofseries | |aEconomics Department Working Paper Series |x12 | en |
dc.subject.jel | O33 | en |
dc.subject.jel | L92 | en |
dc.subject.jel | Q55 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | environmental externalities | en |
dc.subject.keyword | network effects | en |
dc.subject.keyword | private transport | en |
dc.subject.keyword | technological change | en |
dc.title | Welfare effects of subsidizing a dead-end network of less polluting vehicles | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 671174509 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:tbswps:12 | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.