The impact of ‘clean innovation’ on economic growth: evidence from the transport and energy industries

Ralf Martin and Romesh Vaitilingam

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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 O38 Q54 Q55 Q58 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2014-11
New Economics Papers: this item is included in nep-ene, nep-env, nep-gro, nep-ino, nep-pke and nep-tre
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http://eprints.lse.ac.uk/60616/ Open access version. (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:ehl:lserod:60616

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