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dc.contributor.authorGolombek, Rolf
dc.contributor.authorGreaker, Mads
dc.contributor.authorHoel, Michael
dc.date.accessioned2021-05-27T12:52:58Z
dc.date.available2021-05-27T12:52:58Z
dc.date.created2021-02-15T15:59:20Z
dc.date.issued2020-02-05
dc.identifier.citationResource and Energy Economics. 2020, 60, (1-12).en_US
dc.identifier.issn0928-7655
dc.identifier.urihttps://hdl.handle.net/11250/2756691
dc.description.abstractAn innovator may not be able to capture the full social benefit of her innovation and, therefore, governments support private R&D through various measures. We compare a market good innovation—to develop a more efficient technology to produce a standard market good—with an environmental innovation—to develop a more efficient abatement technology—that has the same potential to increase the social surplus. In the first-best outcome, which can be achieved by offering an R&D subsidy and a diffusion subsidy, the R&D subsidy should be greatest for an environmental innovation, whereas the diffusion subsidy should be greatest for a market good innovation. The ranking of the two types of subsidies reflects that the appropriability problem is greater for an environmental innovation than for a market good innovation.en_US
dc.language.isoengen_US
dc.publisherElsevieren_US
dc.relation.ispartofseriesResource and Energy Economics;volume 60
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjectR&Den_US
dc.subjectEnvironmental R&Den_US
dc.subjectInnovationsen_US
dc.subjectEndogenous technological changesen_US
dc.subjectInnovation prizesen_US
dc.subjectDiffusion subsidyen_US
dc.titleShould environmental R&D be prioritized?en_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionpublishedVersionen_US
dc.rights.holder© 2020 The Authors.en_US
dc.source.articlenumber101132en_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1
dc.identifier.doihttps://doi.org/10.1016/j.reseneeco.2019.101132
dc.identifier.cristin1890040
dc.source.journalResource and Energy Economicsen_US
dc.source.volume60en_US
dc.source.pagenumber12en_US
dc.relation.projectNorges forskningsråd: 209698en_US
dc.relation.projectEC/FP7/308481en_US


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