Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86530
Authors: 
Vollebergh, Herman R.J.
Year of Publication: 
2006
Series/Report no.: 
Tinbergen Institute Discussion Paper 07-042/3
Abstract: 
This survey reviews the empirical literature on the impact of environmental policy instruments on the rate and direction of technological change. The survey is explicitly focused on the empirical identification of the hypothesis to expect a stronger impact from market-based incentives than from non-market alternatives. The general picture emerging from the recent literature is that there is a clear impact of environmental policy on invention, innovation and diffusion of technologies. Although studies on a differential impact are still very scarce, the available evidence suggests that innovators look carefully for rent opportunities, which in turn depend on the specific incentives signalled by the type of (environmental) policy.
Subjects: 
Environmental policy instruments
technological change
innovation
JEL: 
Q38
Q55
Q58
Document Type: 
Working Paper

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