On the Implications of Technological Innovation for Environmental Policy

Ian Parry

RFF Working Paper Series from Resources for the Future

Abstract: This paper draws on a number of recent studies to shed light on several policy issues raised by the impact of environmental policies on technological innovation. First, to what extent does induced innovation raise the overall net benefits to society from environmental policies? Second, how does induced innovation affect the appropriate choice among alternative environmental policy instruments? Third, how does it affect the optimal stringency of environmental regulations? Fourth, should environmental policies be supplemented with additional policies to promote innovation, such as research contracts or prizes for new technologies?

Keywords: environment; technological innovation; pollution control; instrument choice (search for similar items in EconPapers)
JEL-codes: O38 Q28 (search for similar items in EconPapers)
Date: 2001-09-01
New Economics Papers: this item is included in nep-ene, nep-env and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: On the implications of technological innovation for environmental policy (2003)
Working Paper: On the Implications of Technological Innovation for Environmental Policy (2001)
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