Green Technology and Optimal Emissions Taxation

dc.creatorMcDonald, Stuart
dc.creatorPoyago-Theotoky, Joanna
dc.date2017-04-01T14:01:44Z
dc.date.accessioned2026-07-09T08:13:29Z
dc.descriptionWe examine the impact of an optimal emissions tax on research and development of emission reducing green technology (E-R&D) in the presence of R&D spillovers. We show that the size and effectiveness of the optimal emissions tax depends on the type of the R&D spillover: input or output spillover. In the case of R&D input spillovers (where only knowledge spillovers are accounted for), the optimal emissions tax required to stimulate R&D is always higher than when there is an R&D output spillover (where abatement and knowledge spillovers exist simultaneously). We also find that optimal emissions taxation and cooperative R&D complement each other when R&D spillovers are small, leading to lower emissions.
dc.identifierdoi:10.22004/ag.econ.177305
dc.identifierhttps://ageconsearch.umn.edu/record/177305/files/NDL2014-059.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/177305
dc.identifier.urihttp://hdl.handle.net/123456789/596842
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/177305
dc.titleGreen Technology and Optimal Emissions Taxation
dc.typeText

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