The economics of transition pathways: A proposed taxonomy and a policy experiment
Volume: 36, Pages: 94 - 113
Published: Sep 1, 2020
Abstract
Pathways of transition differ across countries, industrial sectors, firms and technologies, but little is known about the reasons for these differences and macroeconomic consequences. I show theoretically how differences in transition patterns and macroeconomic side effects can be explained by the characteristics of competing technologies. Competing technologies are characterized by their relative superiority in an exogenous socio-technical...
Paper Details
Title
The economics of transition pathways: A proposed taxonomy and a policy experiment
Published Date
Sep 1, 2020
Volume
36
Pages
94 - 113
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