Cournot competition and "green" innovation: An inverted-U relationship

被引:100
作者
Lambertini, Luca [1 ]
Poyago-Theotoky, Joanna [2 ,3 ]
Tampieri, Alessandro [4 ]
机构
[1] Univ Bologna, Str Maggiore 45, I-40125 Bologna, BO, Italy
[2] La Trobe Univ, Plenty Rd, Melbourne, Vic 3086, Australia
[3] ICRE8, Athens, Greece
[4] Univ Florence, Dept Econ, Via Pandette 9, I-50127 Florence, Italy
关键词
Green" R&D; R&D spillovers; Emission taxation; Precommitted regulator; Cournot oligopoly; RESEARCH-AND-DEVELOPMENT; CLEANER TECHNOLOGIES; ADOPTION; POLICY;
D O I
10.1016/j.eneco.2017.09.022
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the relationship between competition and innovation in an industry where production is polluting and R&D has the aim to reduce emissions ("green" innovation). Wepresent an n-firm oligopoly where firms compete in quantities and decide their investment in "green" R&D. We analyse the case where the emission tax is set endogenously by a committed regulator and uncover an inverted-U relationship between innovation and competition that is mainly driven by the presence of R&D spillovers. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码:116 / 123
页数:8
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