Transition to Clean Technology
We develop an endogenous growth model in which clean and dirty technologies compete in production. Research can be directed to either technology. If dirty technologies are more advanced, the transition to clean technology can be difficult. Carbon taxes and research subsidies may encourage production...
Main Authors: | Acemoglu, Daron (Contributor), Akcigit, Ufuk (Author), Hanley, Douglas (Author), Kerr, William (Author) |
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Other Authors: | Massachusetts Institute of Technology. Department of Economics (Contributor) |
Format: | Article |
Language: | English |
Published: |
University of Chicago Press,
2016-03-22T20:53:56Z.
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Subjects: | |
Online Access: | Get fulltext |
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