• Medientyp: E-Book
  • Titel: Environmental Policy and Directed Technical Change in a Global Economy : The Dynamic Impact of Unilateral Environmental Policies
  • Beteiligte: Hémous, David [Verfasser:in]
  • Erschienen: [S.l.]: SSRN, [2012]
  • Erschienen in: INSEAD Working Paper ; No. 2012/123/EPS
  • Umfang: 1 Online-Ressource (76 p)
  • Sprache: Englisch
  • DOI: 10.2139/ssrn.2184825
  • Identifikator:
  • Entstehung:
  • Anmerkungen: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 4, 2012 erstellt
  • Beschreibung: This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. A temporary Northern policy combining clean research subsidies and a trade tax can ensure sustainable growth but Northern carbon taxes alone cannot. Trade and directed technical change accelerate environmental degradation either under laissez-faire, or if the North implements carbon taxes, yet both help reduce environmental degradation under the appropriate unilateral policy. I characterize the optimal unilateral policy analytically and numerically using calibrated simulations
  • Zugangsstatus: Freier Zugang