Arbeitspapier
The Role of Product and Process Innovation in CGE Models of Environmental Policy
In the last two decades, large scale CGE models used for environmental policy assessment underwent an important upgrade to integrate endogenous technological progress. Nevertheless, several complexities of innovation are still neglected even if they are of primary interest for policymakers. This paper provides a review of the current state of the art in the CGE modelling literature through a special lens. We discuss how existing models deal with different types of innovation (i.e. product and process innovation) and how differences in innovation activities influence modelling results. We also emphasise the implications of product innovation in a multisector framework, which has received little attention in the literature.
- Language
-
Englisch
- Bibliographic citation
-
Series: WWWforEurope Working Paper ; No. 68
- Classification
-
Wirtschaft
One, Two, and Multisector Growth Models
Economic Growth and Aggregate Productivity: General
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Subject
-
CGE models
ecological innovation
economic growth path
green jobs
innovation
innovation policy
social innovation
socio-ecological transition
sustainable growth
- Event
-
Geistige Schöpfung
- (who)
-
Baccianti, Claudio
Löschel, Andreas
- Event
-
Veröffentlichung
- (who)
-
WWWforEurope
- (where)
-
Vienna
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Baccianti, Claudio
- Löschel, Andreas
- WWWforEurope
Time of origin
- 2014