Green R&D versus end-of-pipe emission abatement: A model of directed technical change

Michael Rauscher

No 106, Thuenen-Series of Applied Economic Theory from University of Rostock, Institute of Economics

Abstract: The paper looks at a model of directed technical change in an environmental-economics context. Firms can do conventional or 'green' R&D or they can abate emissions at the end of pipe. The paper has two main foci. On the one hand, it investigates the impact of environmental regulation on the allocation of resources to conventional R&D, green R&D, and end-of-pipe abatement. On the other hand, it addresses the question whether stricter emission standards should be used to support green R&D and/or economic growth.

Keywords: economic growth and the environment; directed technical change (search for similar items in EconPapers)
JEL-codes: O41 Q55 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:roswps:106

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