haku: @author Goeschl, T. / yhteensä: 3
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Tekijä:Goeschl, T.
Perino, G.
Otsikko:Innovation without magic bullets: stock pollution and R&D sequences
Lehti:Journal of Environmental Economics and Management
2007 : VOL. 54:2, p. 146-161
Asiasana:pollution
technology
Kieli:eng
Tiivistelmä:The optimal R&D trajectory is studied in a setting where new technologies are never perfect backstops in the sense that there is no perfectly clean technology that solves the pollution problem once and for all. New technologies have strings attached (i.e. each emits a specific stock pollutant). The paper derives the optimal pollution path and R&D program. Pollution stocks overshoot and in the long-run all available technologies produce.
SCIMA tietueen numero: 265430
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