Transition to Clean Technology

被引:530
作者
Acemoglu, Daron [1 ,2 ]
Akcigit, Ufuk [3 ]
Hanley, Douglas [4 ]
Kerr, William [5 ]
机构
[1] MIT, Cambridge, MA 02139 USA
[2] Canadian Inst Adv Res, Vancouver, BC, Canada
[3] Univ Penn, Philadelphia, PA 19104 USA
[4] Univ Pittsburgh, Pittsburgh, PA 15260 USA
[5] Harvard Univ, Cambridge, MA 02138 USA
基金
美国国家科学基金会;
关键词
DIRECTED TECHNICAL CHANGE; INDUCED INNOVATION; CO2; ABATEMENT; FOSSIL-FUEL; ECONOMICS; POLICY; GAME; COMPETITION; GROWTH; CARBON;
D O I
10.1086/684511
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop an endogenous growth model in which clean and dirty technologies compete in production. Research can be directed to either technology. If dirty technologies are more advanced, the transition to clean technology can be difficult. Carbon taxes and research subsidies may encourage production and innovation in clean technologies, though the transition will typically be slow. We estimate the model using microdata from the US energy sector. We then characterize the optimal policy path that heavily relies on both subsidies and taxes. Finally, we evaluate various alternative policies. Relying only on carbon taxes or delaying intervention has significant welfare costs.
引用
收藏
页码:52 / 104
页数:53
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