EconPapers    
Economics at your fingertips  
 

Green Technology and Optimal Emissions Taxation

Stuart McDonald () and Joanna Poyago-Theotoky

No 2014.59, Working Papers from Fondazione Eni Enrico Mattei

Abstract: We examine the impact of an optimal emissions tax on research and development of emission reducing green technology (E-R&D) in the presence of R&D spillovers. We show that the size and effectiveness of the optimal emissions tax depends on the type of the R&D spillover: input or output spillover. In the case of R&D input spillovers (where only knowledge spillovers are accounted for), the optimal emissions tax required to stimulate R&D is always higher than when there is an R&D output spillover (where abatement and knowledge spillovers exist simultaneously). We also find that optimal emissions taxation and cooperative R&D complement each other when R&D spillovers are small, leading to lower emissions.

Keywords: Environmental R&D; Green Technology; R&D Spillover; Emissions Tax (search for similar items in EconPapers)
JEL-codes: H23 L11 Q55 (search for similar items in EconPapers)
Date: 2014-06
New Economics Papers: this item is included in nep-ene, nep-ino, nep-pbe, nep-pub, nep-res, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://www.feem.it/m/publications_pages/NDL2014-059.pdf (application/pdf)

Related works:
Journal Article: Green Technology and Optimal Emissions Taxation (2017) Downloads
Working Paper: Green Technology and Optimal Emissions Taxation (2014) Downloads
Working Paper: Green Technology and Optimal Emissions Taxation (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2014.59

Access Statistics for this paper

More papers in Working Papers from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by barbara racah ( this e-mail address is bad, please contact ).

 
Page updated 2020-11-28
Handle: RePEc:fem:femwpa:2014.59