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Abstract:

cover
CEP policy analysis
 The impact of 'clean innovation' on economic growth: evidence from the transport and energy industries'
 Ralf Martin
November 2014
Paper No' CEPPA017:
Full Paper (pdf)

JEL Classification: O30; O44; Q54; Q55; Q58; H23

Tags: innovation spill-overs; climate change; growth; patents; clean technology; optimal climate policy

Policies on climate change that encourage 'clean innovation' while displacing 'dirty innovation' could have a positive impact on short-term economic growth while avoiding the potentially disastrous reduction in GDP that could result from climate change over the longer term.
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