Green Paradox and Directed Technical Change by Julien Daubanes, André Grimaud, Luc Rougé

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Green Paradox and Directed Technical Change

Author : Julien Daubanes, André Grimaud, Luc Rougé

Publisher : Univ., Center for Economic Studies

Published : 2013

ISBN-10 :

ISBN-13 :

Number of Pages : 28 Pages

Language : en

Descriptions Green Paradox and Directed Technical Change

We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the subsidies to clean R&D activities causes a less rapid resource extraction, because it enhances the long-run resource productivity. Our result contradicts the green-paradox conjecture that technical improvements in resource substitutes accelerate resource extraction. Sector-specific innovation activities are tantamount to competing economic projects; general equilibrium with several R&D sectors implies no-arbitrage conditions that give rise to not-so-intuitive results.

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Results Green Paradox and Directed Technical Change

PDF Green Paradox and Directed Technical Change: The E ects of Subsidies to - show that a gradual increase in relative subsidies to "green R&D" does not have the adverse "green paradox" e ect. Instead, such policies, quite paradoxically, enhance the relative demand for the non-renewable resource at future dates and result in a less rapid extraction. Keywords: Non-renewable resources; Directed technical change

Green Paradox and Directed Technical Change - Research Collection - The Effects of Subsidies to Clean R and D. Mendeley; CSV; RIS; BibTeX;

Green Paradox and Directed Technical Change: The Effect of Subsidies to - Keywords: non-renewable resources, directed technical change, green paradox, environmental policy, R&D subsidies. JEL Classification: Q320, O320, O410. Suggested Citation: Suggested Citation. Daubanes, Julien and Grimaud, Andre and Rouge, Luc, Green Paradox and Directed Technical Change: The Effect of Subsidies to Clean R&D (July 29, 2013)

Climate Policy and Nonrenewable Resources: The Green Paradox ... - JSTOR - The so-called green paradox refers to the fact that future, anticipated policies aiming at reducing the demand for an extracted exhaustible resource increase the present or near future equilibrium rate of extraction of that resource. ... Technical progress and backstop technologies are now generally considered to be the solution to the

(PDF) Green Paradox and Directed Technical Change: The Effect of - Green Paradox and Directed Technical Change: The Eff ects of Subsidies to Clean R&D. Julien Daubane s 1, André Grim aud 2 and Luc Ro uge 3. P reliminary version. March 23, 2011. Abstract:

Prof. Dr. Armon Rezai | Network member | CESifo - Stranded Assets, the Social Cost of Carbon, and Directed Technical Change: Macroeconomic Dynamics of Optimal Climate Policy. Frederick Van der Ploeg, Armon Rezai ... Second-Best Renewable Subsidies to De-Carbonize the Economy: Commitment and the Green Paradox. Armon Rezai, Frederick Van der Ploeg CESifo, Munich, 2016 CESifo Working Paper No

Green Paradox and Directed Technical Change: The Effects of - Downloadable! The "green paradox" literature points out that environmental policies which are anticipated to become gradually more stringent over time may induce a more rapid extraction of fossil fuels, thus having a detrimental effect to the environment. The manifestation of such phenomena has been extensively studied in the case of taxes directly applied to the extraction of a polluting non

EconPapers: Green Paradox and Directed Technical Change: The Effects of - Green Paradox and Directed Technical Change: The Effects of Subsidies to Clean R&D. Julien Daubanes (), AndrÃ© Grimaud and Luc RougÃ© Additional contact information AndrÃ© Grimaud: TSE,IDEI,LERNA Luc RougÃ©: TBS No 12.20.377, LERNA Working Papers from LERNA, University of Toulouse

Green Paradox and Directed Technical Change - Research Collection - The Effects of Subsidies to Clean R and D. Mendeley; CSV; RIS; BibTeX; Metadata only

PDF The Environment and Directed Technical Change - National Bureau of - This paper introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can

Green Paradox and Directed Technical Change: The Effect of Subsidies to - We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the

PDF Green Paradox and Directed Technical Change: The Effect of Subsidies to - Green Paradox and Directed Technical Change: The Effect of Subsidies to Clean R&D. Abstract . We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute

Green Paradox and Directed Technical Change: The Effects of Subsidies - Julien Daubanes, André Grimaud, and Luc Rougé, "Green Paradox and Directed Technical Change: The Effects of Subsidies to Clean R&D", TSE Working Paper, n. 12-337, August 2012

Is there really a green paradox? - ScienceDirect - This is motivated by Sinn's [29], [30] argument, building on the earlier contributions by Sinn [27], [28], that this, somewhat paradoxically, may have detrimental climate effects. Sinn's 'Green Paradox' has received a lot of attention both in the press and in academia. It is firmly linked to fighting climate change through fossil-fuel

PDF Green Paradox and Directed Technical Change: The Effects of Subsidies - Acemoglu's concept of directed technical change has received a particular attention in resource economics. Indeed, directed-technical-change models disentangle the speci c factors favoring the production of clean substitutes from those enhancing the productivity of dirty resources. Then, by re ning the patterns of substitutability and

ROUGE Luc | TBS Education - GRIMAUD, L. ROUGE, "Green paradox and directed technical change: The effect of subsidies to clean R&D" in 20th Annual Conference EAERE, 2013, Toulouse, France. Get more info; ROUGE, L., "Environmental policy and the long-run management of a growing stock of waste" in 20th Annual Conference EAERE, 2013, Toulouse, France

EconPapers: Green Paradox and Directed Technical Change: The Effect of - Green Paradox and Directed Technical Change: The Effect of Subsidies to Clean R&D. Julien Daubanes (), André Grimaud and Luc Rouge. No 4334, CESifo Working Paper Series from CESifo Abstract: We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty

Research on Fossil Fuel Related Carbon Emissions Reduction Scheme - : There is a worldwide consensus that excessive anthropogenic carbon dioxide emissions will lead to global warming and other environmental problems. Supports from regulations and policies have gradually implemented in this area. As one of the most discussed policies, the carbon emissions trading schemes (CETS) has an advantage in its price-oriented and cost-sav ing characteristics

PDF Second-Best Renewable Subsidies to De-carbonize the Economy ... - Springer - the Economy: Commitment and the Green Paradox ... policies in a decentralized market economy with directed technical change and endogenous growth. Kalkuhl et al. (2013) use a sophisticated IAM of growth and climate change with stock-dependent fossil fuel extraction costs to investigate the impact of optimal second-best

‪Edwin van der Werf‬ - ‪Google Scholar‬ - Carbon leakage revisited: unilateral climate policy with directed technical change. CD Maria, E Van der Werf. Environmental and Resource Economics 39 (2), 55-74, 2008. 232: ... The Green Paradox and Beyond, 225, 2014. 16: 2014: Accountability mechanisms in international climate change financing

Build Today, Regret Tomorrow? Infrastructure and Climate Policy - This leads to a "Reverse Green Paradox": to avoid stranded assets that demand fossil fuel ( power stations) in the knowledge of an increasing carbon tax, we reduce emissions in the short term. This contrasts with the well-known effects of such policy on the suppliers of fossil fuels, such as coal mines. ... Can directed technical change

Global Warming And The Green Paradox: A Review Of Adverse Ef - "Green Paradox and Directed Technical Change: The Effects of Subsidies to Clean R&D," IDEI Working Papers 743, Institut d'Économie Industrielle (IDEI), Toulouse. Julien Daubanes & André Grimaud & Luc Rougé, 2013. "Green Paradox and Directed Technical Change: The Effect of Subsidies to Clean R&D," CESifo Working Paper Series 4334, CESifo

The Environment and Directed Technical Change - Abstract. This paper introduces endogenous and directed technical change in a growth model with environmental constraints. The final good is produced from "dirty" and "clean" inputs. We show that: (i) when inputs are sufficiently substitutable, sustainable growth can be achieved with temporary taxes/subsidies that redirect innovation toward

Green paradox - Wikipedia - Green paradox. The Green Paradox is the title of a controversial book by German economist, Hans-Werner Sinn, describing the observation that an environmental policy that becomes greener with the passage of time acts like an announced expropriation for the owners of fossil fuel resources, inducing them to accelerate resource extraction and hence

PDF DEPARTMENT OF ECONOMICS OxCarre (Oxford Centre for the Analysis of - In spite of some short-run Green Paradox effects they bring forward the carbon-free era and curb cumulative carbon emissions. ... L. Bursztyn and D. Hemous (2012): "The environment and directed technical change", American Economic Review, 102(1): 131-166. 5 Barbier, E. (2011): "The policy challenges for green economy and sustainable

Green Growth, Green Paradox and the global economic crisis - Highlights A Schumpeterian case can be made for boosting Green Growth in a global economic crisis. The best way to achieve this is a combination of R&D subsidies and a rising carbon tax. This redirects growth towards clean activities and speeds up the transition to the carbon-free era. If a carbon tax is infeasible, renewables subsidies might be a second-best alternative. This shortens the

(PDF) Green Paradox and Directed Technical Change: The Effects of - Green Paradox and Directed Technical Change: The Effects of Subsidies to Clean R&D. Julien Daubanes. The green paradox literature aims at identifying situations where taxes on a non-renewable resource or subsidies to its substitutes cause the resource to be exploited more rapidly. In this paper, we examine the case of subsidies to R&D

PDF Green Paradox and Directed Technical Change: The Effects of Subsidies - 1 Introduction The so-called "green paradox" refers to the fact that some paths of policies that reduce the demand for an exhaustible resource result in a more rapid exploitation of the resource

Green Paradox and Directed Technical Change: The Effect of - The green paradox literature aims at identifying situations where taxes on a non-renewable resource or subsidies to its substitutes cause the resource to be exploited more rapidly. In

An Introduction to the Green Paradox: The Unintended - Abstract How important is the Green Paradox? We address this question in three ways. First, we present a simple model explaining how announcing a future climate policy may increase carbon emissions today – the Green Paradox effect. This effect is a result of fossil fuel producers increasing their extraction today as a response to a reduction in future resource rents. Second, we examine the

Green Paradox and Directed Technical Change: The E ects of - The so-called "green paradox" phenomenon refers to the fact that anticipated policies aimed to reduce the demand for an exhaustible resource result in this resource being exploited more rapidly. It is well known that when such resources are polluting { as are fossil fuels { free markets already tend to consume them too rapidly (Withagen, 1994)

- The green paradox literature aims at identifying situations where taxes on a non-renewable resource or subsidies to its substitutes cause the resource to be exploited more rapidly. In this paper, we examine the case of subsidies to R&D activities that improve the productivity of resource substitutes. Our model borrows standard assumptions from the directed-technical-change and from the green paradox literatures, and considers several kinds of R&D subsidies. The effects of the level of

Green Paradox and Directed Technical Change: The Effect of - Green Paradox and Directed Technical Change: The Effect of Subsidies to Clean R&D. Abstract . We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute

Green Paradox and Directed Technical Change: The Effect of - We show that a gradual rise in the subsidies to clean R&D activities causes a less rapid resource extraction, because it enhances the long-run resource productivity. Our result contradicts the green-paradox conjecture that technical improvements in resource substitutes accelerate resource extraction

Green Paradox and Directed Technical Change: The Effects of - The "green paradox" literature points out that environmental policies which are antici- pated to become gradually more stringent over time may induce a more rapid extraction of fossil fuels, thus having a detrimental e ect to the environment