Endogenous Technological Change

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Endogenous Technological Change

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Energy taxes and endogenous technological change

This paper studies the effects of a tax on energy use in a growth model where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between TFP growth and aggregate R&D), the tax has no effect on the steady-state growth rate. It has, however, important transitional effects that giv...

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Endogenous Technological Change in Strategies for Mitigating Climate Change

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Energy taxes and endogenous technological change (Running Title: Energy taxes)

This paper studies the effects of a tax on energy use in a growth model where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between TFP growth and aggregate R&D), the tax has no effect on the steady-state growth rate. It has, however, important transitional effects that giv...

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ژورنال

عنوان ژورنال: Journal of Political Economy

سال: 1990

ISSN: 0022-3808,1537-534X

DOI: 10.1086/261725