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  1. Regional technological capabilities and green opportunities in Europe
    Published: [2021]
    Publisher:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    The goal of the paper is to elaborate an empirical overview of green technological development in European regions. This is a timely pursuit considering the ambitious commitments stipulated in the recent European Green Deal to achieve climate... more

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    The goal of the paper is to elaborate an empirical overview of green technological development in European regions. This is a timely pursuit considering the ambitious commitments stipulated in the recent European Green Deal to achieve climate neutrality by 2050. Our analysis is organised in three steps. First, we map the geographical distribution of innovative activities in Europe and profile regions in terms of technological capabilities. Second, we elaborate a metric to identify regions' green innovation potential. Third, we check whether possessing comparative advantage in specific technological domains is associated with a region's capacity to develop green technologies.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/247300
    Series: LEM working paper series ; 2021, 31 (September 2021)
    Subjects: Green Technology; European regions; Economic Fitness and Complexity
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  2. Optimal mix of policy instruments and green technology transitions
    Published: August 2021
    Publisher:  Universität Basel, Faculty of Business and Economics, Basel, Switzerland

    Green innovation is a key element in fighting climate change. But there are several challenges that need to be addressed in managing a green technology transition, both in terms of interacting market failures (environmental externality, public good... more

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    Green innovation is a key element in fighting climate change. But there are several challenges that need to be addressed in managing a green technology transition, both in terms of interacting market failures (environmental externality, public good nature of innovation, strategic behaviour of incumbents protecting an emission-intensive technology) and as the structure of the technology market (whether the new technology is offered by a monopolistic incumbent or whether there is some competition induced by market entrants) will evolve throughout the transition. In this paper, we investigate the question what constitutes the optimal policy at different stages of the technology transition and for different market structures. We first analyse a policy mix that can implement a first-best outcome. We show that this mix will differ between different market settings and for different stages of the technology transition. Second, we investigate the choice between a push policy (subsidy for the new technology) and a pull strategy (tax on the old technology) and show that throughout the transition, the policy should be switched, often even more than once. Overall, our results indicate that managing a green technology transition requires a sequence of different policies attuned to the state of the transition and that this sequence differs substantially for different cases, for example, different levels of environmental damage or different cost advantages of the incumbent over entrants.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/261061
    Series: WWZ working paper ; 2021, 08
    Subjects: Policy; Tax; Subsidy; Green Technology; Imperfect Competition; Technology Transition
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  3. Green technology transitions with an endogenous market structure
    Published: April 2021
    Publisher:  Universität Basel, Faculty of Business and Economics, Basel, Switzerland

    The transition to a green technology is central to environmental policy. During such a transition, technology and market structure often change simultaneously, as firms developing the new technology enter the market of incumbents supplying the old... more

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    The transition to a green technology is central to environmental policy. During such a transition, technology and market structure often change simultaneously, as firms developing the new technology enter the market of incumbents supplying the old one. This leads to the questions how technological change and market changes interact and at which stage of the technology transition incumbents or newcomers are more likely to drive the technology transition. We advance a model that describes this co-evolution of technology and market. Our results show that this co-evolution induces substantial market failures. The transition might be blocked by an incumbent protecting the old technology and, even if it is not, emissions decline less rapidly than in the social optimum. Furthermore, incentives change during the transition: At the beginning, entrants can be crucial to start the transition, but, later on, the incumbent will usually become the driving force. When this switch occurs depends on the propensity of the new technology to attract new customers and on the possible speed of technological development. Our results have implications for environmental policy, as they indicate that supporting small new- comers might be desirable at the beginning but can be detrimental at later stages of a technology transition.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/261060
    Series: WWZ working paper ; 2021, 07
    Subjects: Green Technology; Innovation; Imperfect Competition; Endogenous Market Structure; Technology Transition
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  4. Global harms, local profits
    how the uneven costs of natural disasters affect support for green political platforms
    Published: [2023]
    Publisher:  [Harvard Business School], [Boston, MA]

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Harvard Business School ; 24, 023
    Subjects: Climate Impact; Politics; Environmental Issues; Environmental Protection; Economic Analysis; Economic Behavior; Economic Geography; Economy; Economics; Climate Change; Environmental Management; Political Elections; Natural Disasters; Green Technology; Environmental Sustainability; Latin America; Brazil
    Scope: 1 Online-Ressource (circa 66 Seiten), Illustrationen