EconPapers    
Economics at your fingertips  
 

Green Technology and Optimal Emissions Taxation

Stuart McDonald () and Joanna Poyago-Theotoky

Working Paper series from Rimini Centre for Economic Analysis

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)
New Economics Papers: this item is included in nep-env, nep-ino, nep-pbe, nep-pub and nep-tid
Date: 2014-03
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://www.rcea.org/RePEc/pdf/wp07_14.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
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:rim:rimwps:07_14

Access Statistics for this paper

More papers in Working Paper series from Rimini Centre for Economic Analysis Contact information at EDIRC.
Bibliographic data for series maintained by Marco Savioli ().

 
Page updated 2018-10-04
Handle: RePEc:rim:rimwps:07_14