TOWARDS A COMPETITIVE LOW-CARBON ECONOMY: ON FIRMS’ INCENTIVES AND THE ROLE OF PUBLIC RESEARCH

Annette Bongardt () and Isabel Cabrita ()
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Isabel Cabrita: Universidade Moderna and INETI

No 49, Working Papers de Economia (Economics Working Papers) from Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro

Abstract: This paper considers the prerequisites for implementing a competitive low-carbon economy in the European Union from the point of view of firms’ incentives, the role of policy and the contribution of public research. It suggests that the reduction of the environmental impact of energy can be a new competitiveness factor. Rather than being treated as a constraint and cost-aggravating factor, addressing climate change can offer economic opportunity and contribute to growth. The paper looks at both static (energy efficiency) and dynamic (innovation – new products, processes, technologies or sectors and consumption patterns) dimensions of competitiveness.

Keywords: Economic competitiveness; low-carbon economy; energy; technology; and public research. (search for similar items in EconPapers)
JEL-codes: M21 H23 H44 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ene, nep-env and nep-ino
Date: 2007-11

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Persistent link: http://EconPapers.repec.org/RePEc:ave:wpaper:492007

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