Abatement technology adoption under different policy regimes: Some empirical evidence
Project funded by own resources
Project title Abatement technology adoption under different policy regimes: Some empirical evidence
Principal Investigator(s) Krysiak, Frank Christian
Project Members Oberauner, Iris
Organisation / Research unit Departement Wirtschaftswissenschaften / Umweltökonomie (Krysiak)
Project start 01.06.2010
Probable end 30.06.2011
Status Completed
Abstract

Based on survey data of Swiss manufacturing firms, we empirically investigate the incentives provided by different policy instruments for firms to invest in abatement technologies. More specifically, we compare a tax and emissions trading. In Switzerland, both instruments are used simultaneously to regulate carbon dioxide emissions. Therefore, we are able to analyze possible differences regarding the investment incentives induced by these instruments and to test the traditional theoretical result that taxes provides stronger incentives than freely granted permits.

Keywords Investment, Climate Policy, Permit Trading, Technological Change
Financed by University funds
   

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