How ongoing structural change creates a double dividend: out-dating of technologies and green growth

Bondarev A, Greiner A (2021)
Portuguese Economic Journal .

Zeitschriftenaufsatz | E-Veröff. vor dem Druck | Englisch
 
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Autor*in
Bondarev, Anton; Greiner, AlfredUniBi
Abstract / Bemerkung
In this paper we study how the ongoing transition to newer technologies, what we refer to as dynamic structural change, in a doubly-differentiated R&D-based economy can generate both higher economic growth and a slowdown of climate change, thus, creating a win-win situation known as double dividend. We first consider the unregulated decentralised economy and show that ongoing structural change can lead to lower environmental damages than the economy with a fixed structure. Next, we consider an emission tax differentiated across sectors which raises economic growth and reduces emissions in the economy. Our results indicate that promoting transition to newer technologies indeed may serve as a partial substitute to conventional abatement policy options.
Stichworte
Environmental macroeconomics; Double dividend; Climate change; Creative; destruction; Endogenous structural change; Doubly-differentiated R& D
Erscheinungsjahr
2021
Zeitschriftentitel
Portuguese Economic Journal
ISSN
1617-982X
eISSN
1617-9838
Page URI
https://pub.uni-bielefeld.de/record/2954679

Zitieren

Bondarev A, Greiner A. How ongoing structural change creates a double dividend: out-dating of technologies and green growth. Portuguese Economic Journal . 2021.
Bondarev, A., & Greiner, A. (2021). How ongoing structural change creates a double dividend: out-dating of technologies and green growth. Portuguese Economic Journal . https://doi.org/10.1007/s10258-021-00196-6
Bondarev, A., and Greiner, A. (2021). How ongoing structural change creates a double dividend: out-dating of technologies and green growth. Portuguese Economic Journal .
Bondarev, A., & Greiner, A., 2021. How ongoing structural change creates a double dividend: out-dating of technologies and green growth. Portuguese Economic Journal .
A. Bondarev and A. Greiner, “How ongoing structural change creates a double dividend: out-dating of technologies and green growth”, Portuguese Economic Journal , 2021.
Bondarev, A., Greiner, A.: How ongoing structural change creates a double dividend: out-dating of technologies and green growth. Portuguese Economic Journal . (2021).
Bondarev, Anton, and Greiner, Alfred. “How ongoing structural change creates a double dividend: out-dating of technologies and green growth”. Portuguese Economic Journal (2021).

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