Generational Welfare under a Climate-Change Policy with Induced Innovation
We develop a climate-economy model with generational heterogeneity and with the potential for climate-policy-induced technological change. We use the model to assess the distributional implications of climate policies that recycle generated revenues to finance research and development in the energy...
Leach, Andrew J
|Place of publication:||
Oxford, UK Blackwell Publishing Ltd 01.12.2011
Wiley Subscription Services, Inc
|published in:||The Scandinavian journal of economics Vol. 113; no. 4; pp. 904 - 936|
|Data of publication:||2011-12|
We would like to thank Ujjayant Chakravorty, David Popp, Leslie Shiell, Robert Clark, the seminar participants at CIREQ and the Heartland Environmental and Resource Economics Conference, and three anonymous referees for helpful comments. A. J. Leach acknowledges support from the Social Sciences and Humanities Research Council (SSHRC).
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