Differential Impact of Environmental Policy Instruments on Technological Change: A Review of the Empirical Literature

Arbeitspapier

This survey reviews the empirical literature on the impact of environmental policy instruments on the rate and direction of technological change. The survey is explicitly focused on the empirical identification of the hypothesis to expect a stronger impact from market-based incentives than from non-market alternatives. The general picture emerging from the recent literature is that there is a clear impact of environmental policy on invention, innovation and diffusion of technologies. Although studies on a differential impact are still very scarce, the available evidence suggests that innovators look carefully for rent opportunities, which in turn depend on the specific incentives signalled by the type of (environmental) policy.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 07-042/3

Classification and Topics

• Classification: Wirtschaft ; Nonrenewable Resources and Conservation: Government Policy ; Environmental Economics: Technological Innovation ; Environmental Economics: Government Policy
• Subject: Environmental policy instruments ; technological change ; innovation ; Umweltpolitik ; Technischer Fortschritt ; Wirkungsanalyse ; Innovation ; Innovationsdiffusion

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Vollebergh, Herman R.J.
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/86530
• Last update: 10.03.2025, 11:44 AM CET