Replication data for: The Environment and Directed Technical Change
Principal Investigator(s): View help for Principal Investigator(s) Daron Acemoglu; Philippe Aghion; Leonardo Bursztyn; David Hemous
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| simulation-final | 10/11/2019 04:34:PM | ||
|
|
text/plain | 14.6 KB | 10/11/2019 12:34:PM |
Project Citation:
Acemoglu, Daron, Aghion, Philippe, Bursztyn, Leonardo, and Hemous, David. Replication data for: The Environment and Directed Technical Change. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112489V1
Project Description
Summary:
View help for Summary
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. The final good is produced from "dirty" and "clean" inputs. We show that: (i) when inputs are sufficiently substitutable, sustainable growth can be achieved with temporary taxes/subsidies that redirect innovation toward clean inputs; (ii) optimal policy involves both "carbon taxes" and research subsidies, avoiding excessive use of carbon taxes; (iii) delay in intervention is costly, as it later necessitates a longer transition phase with slow growth; and (iv) use of an exhaustible resource in dirty input
production helps the switch to clean innovation under laissez-faire. (JEL O33, O44, Q30, Q54, Q56, Q58)
Scope of Project
JEL Classification:
View help for JEL Classification
O33 Technological Change: Choices and Consequences; Diffusion Processes
O44 Environment and Growth
Q30 Nonrenewable Resources and Conservation: General
Q54 Climate; Natural Disasters and Their Management; Global Warming
Q56 Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Q58 Environmental Economics: Government Policy
O33 Technological Change: Choices and Consequences; Diffusion Processes
O44 Environment and Growth
Q30 Nonrenewable Resources and Conservation: General
Q54 Climate; Natural Disasters and Their Management; Global Warming
Q56 Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Q58 Environmental Economics: Government Policy
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.