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dc.contributor.authorGreaker, Mads
dc.contributor.authorHeggedal, Tom-Reiel
dc.contributor.authorRosendahl, Knut Einar
dc.date.accessioned2018-10-08T10:24:42Z
dc.date.available2018-10-08T10:24:42Z
dc.date.created2017-06-01T12:59:27Z
dc.date.issued2018
dc.identifier.citationThe Scandinavian Journal of Economics, 2018, 120(4), 1100-1138nb_NO
dc.identifier.issn0347-0520
dc.identifier.issn1467-9442
dc.identifier.urihttp://hdl.handle.net/11250/2566820
dc.description.abstractShould governments direct R&D from "dirty" into "clean" technologies? How im-portant is this compared to carbon pricing? We inquire into this, introducing twonovelties compared to recent literature. We introduce decreasing returns to R&D, andallow future carbon taxes to in‡uence current R&D decisions. Our results suggest thatgovernments should prioritize clean R&D. Dealing with major environmental problemsrequires R&D to shift to clean technology. However, with most researchers workingwith clean technology, both productivity spillovers and future risks of being replacedincrease. Consequently, the wedge between private and social value of an innovation islargest for clean technologies.nb_NO
dc.language.isoengnb_NO
dc.publisherWileynb_NO
dc.titleEnvironmental Policy and the Direction of Technical Changenb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.description.versionacceptedVersionnb_NO
dc.source.pagenumber1100-1138nb_NO
dc.source.volume120nb_NO
dc.source.journalThe Scandinavian Journal of Economicsnb_NO
dc.source.issue4nb_NO
dc.identifier.doi10.1111/sjoe.12254
dc.identifier.cristin1473488
dc.relation.projectNorges forskningsråd: 209698nb_NO
dc.description.localcode2, Forfatterversjonnb_NO
cristin.unitcode158,3,0,0
cristin.unitnameInstitutt for samfunnsøkonomi
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode2


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