The Impact of 'Clean Innovation' on Economic Growth: Evidence from the Transport and Energy Industries'

Ralf Martin

Policy Analysis Papers from Centre for Economic Performance, LSE

Abstract: Policies on climate change that encourage 'clean innovation' while displacing 'dirty innovation' could have a positive impact on short-term economic growth while avoiding the potentially disastrous reduction in GDP that could result from climate change over the longer term.

Keywords: Innovation spill-overs; Climate Change; Growth; Patents; Clean technology; Optimal climate policy (search for similar items in EconPapers)
JEL-codes: H23 O30 O44 Q54 Q55 Q58 (search for similar items in EconPapers)
Date: 2014-11
New Economics Papers: this item is included in nep-ene, nep-env, nep-gro, nep-ino, nep-res and nep-tre
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https://cep.lse.ac.uk/pubs/download/pa017.pdf (application/pdf)

Related works:
Working Paper: The impact of ‘clean innovation’ on economic growth: evidence from the transport and energy industries (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:ceppap:017

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