Policy choice for end-of-pipe abatement technology adoption under technological uncertainty

doi:10.1016/j.econmod.2019.07.012

CASISD OpenIR

	Policy choice for end-of-pipe abatement technology adoption under technological uncertainty
	Zeng, Bingxin; Zhu, Lei; Yao, Xing
发表期刊	ECONOMIC MODELLING
摘要	Regulators have increasingly become concerned about end-of-pipe abatement technologies because they not only play a crucial role in air pollution control but also ensure the achievement of the deep carbon emissions reduction target. This paper investigates the effect of emission taxes and standards on the adoption of end-of-pipe abatement technology when the arrival time and degree of improvement of the new emissions abatement technology are uncertain. We find that the ranking of emission taxes and standards in terms of motivating early adoption depends on the policy stringency. More specifically, for high levels of environmental stringency, standards induce an earlier technology adoption than taxes, while the opposite conclusion holds for low levels of environmental stringency. The sensitivity analysis shows that these findings are robust to various relevant crucial parameters. Finally, the implications for the choice of environmental policy have been provided.
	2020
卷号	87
DOI	10.1016/j.econmod.2019.07.012
语种	英语
引用统计
文献类型	期刊论文
条目标识符	http://ir.casisd.cn/handle/190111/9759
专题	中国科学院科技战略咨询研究院
推荐引用方式 GB/T 7714	Zeng, Bingxin,Zhu, Lei,Yao, Xing. Policy choice for end-of-pipe abatement technology adoption under technological uncertainty[J]. ECONOMIC MODELLING,2020,87.
APA	Zeng, Bingxin,Zhu, Lei,&Yao, Xing.(2020).Policy choice for end-of-pipe abatement technology adoption under technological uncertainty.ECONOMIC MODELLING,87.
MLA	Zeng, Bingxin,et al."Policy choice for end-of-pipe abatement technology adoption under technological uncertainty".ECONOMIC MODELLING 87(2020).