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https://ah.lib.nccu.edu.tw/handle/140.119/111963
題名: | Abatement R&D, market imperfections, and environmental policy in an endogenous growth model | 作者: | 賴景昌 Chu, Hsun Lai, Ching-chong |
貢獻者: | 經濟學系 | 關鍵詞: | Private abatement R&D; Market imperfections; Endogenous growth | 日期: | Apr-2014 | 上傳時間: | 15-Aug-2017 | 摘要: | We develop an endogenous growth model featuring environmental externalities, abatement R&D, and market imperfections. We compare the economic performances under three distinct regimes that encompass public abatement, private abatement without tax recycling, and private abatement with tax recycling. It is found that the benefit arising from private abatement will be larger if the degree of the firms` monopoly power is greater. With a reasonably high degree of monopoly power, a mixed abatement policy by which the government recycles environmental tax revenues to subsidize the private abatement R&D is a plausible way of reaching the highest growth rate and welfare. © 2014 Elsevier B.V. | 關聯: | Journal of Economic Dynamics and Control, 41, 20-37 | 資料類型: | article | DOI: | http://dx.doi.org/10.1016/j.jedc.2014.02.011 |
Appears in Collections: | 期刊論文 |
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