| Title |
Environmental Policies and directed technological change |
| ID_Doc |
35437 |
| Authors |
Gugler, K; Szücs, F; Wiedenhofer, T |
| Title |
Environmental Policies and directed technological change |
| Year |
2024 |
| Published |
|
| DOI |
10.1016/j.jeem.2023.102916 |
| Abstract |
This article evaluates if and to which extent policy can steer innovation towards eco-friendly technologies. We construct a cross-country dataset on sectoral green innovation and complement it with data on policies designed to address environmental market failures: environmental taxes, regulation, and R&D subsidies. While all of these tools exert a positive effect on green innovation, our IV estimates reveal substantial heterogeneities across policies. Overall, green innovation reacts most strongly to R&D subsidies for renewables, but interaction effects between different policies need to be considered. |
| Author Keywords |
Climate change; Environmental policies; Directed technological change; Green patents; Regulation; Taxes; R&D |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:001144131800001 |
| WoS Category |
Business; Economics; Environmental Studies |
| Research Area |
Business & Economics; Environmental Sciences & Ecology |
| PDF |
https://doi.org/10.1016/j.jeem.2023.102916
|