496
Views
4
CrossRef citations to date
0
Altmetric
Part III: Policy

Clean Energy Technology and the Role of Non-Carbon Price-Based Policy: An Evolutionary Economics Perspective

Pages 871-891 | Received 01 Feb 2011, Accepted 01 Oct 2011, Published online: 26 Apr 2012

References

  • Acemoglu, D., Aghion, P., Burstyn, L. & Hemous, D. (forthcoming) The environment and directed technical change, American Economic Review.
  • Ahmad , S. 1966 . On the theory of induced innovation . Economic Journal , 76 ( 302 ) : 344 – 357 .
  • Arrow , K. and Debreu , G. 1954 . Existence of an equilibrium for a competitive economy . Econometrica , 22 ( 3 ) : 265 – 290 .
  • Arthur , W. B. 1988 . “ Self-reinforcing mechanisms in economics ” . In The Economy as an Evolving, Complex System , Edited by: Anderson , P. , Arrow , K. and Pines , D. 9 – 31 . Reading, MA : Addison-Wesley .
  • Arthur , W. B. 1989 . Competing technologies, increasing returns, and “lock-in” by historical events . Economic Journal , 99 ( 394 ) : 116 – 131 .
  • Arthur , W. B. 1994 . Increasing Returns and Path Dependence in the Economy , Ann Arbor : University of Michigan Press .
  • Baumol , W. J. and Oates , W. E. 1988 . The Theory of Environmental Policy , 2 , Cambridge : Cambridge University Press .
  • Beinhocker , E. D. 2007 . The Origins of Wealth: Evolution, Complexity and the Radical Remaking of Economics , London : Random House .
  • Binswanger , H. P. 1974 . A microeconomic approach to innovation . Economic Journal , 84 ( 336 ) : 940 – 958 .
  • Brohé , A. , Eyre , N. and Howarth , N. A. A. 2009 . Carbon Markets: An International Business Guide , London : Earthscan/James and James .
  • Burer , M. and Wustenhagen , R. 2009 . Which renewable energy policy is a venture capitalist's best friend? Empirical evidence from a survey of international cleantech investors . Energy Policy , 7 ( 12 ) : 4997 – 5006 .
  • Coase, R. (1960) The problem of social cost, Journal of Law and Economics, 3(1) pp. 1–44.
  • Corden , W. M. 1997[1974] . Trade Policy and Economic Welfare , Oxford : Oxford University Press .
  • Costantini , V. and Crespi , F. 2007 . Environmental regulation and the export dynamics of energy technologies . Ecological Economics , 66 ( 2–3 ) : 447 – 460 .
  • Cropper , M. L. and Oates , W. E. 1992 . Environmental economics: A survey . Journal of Economic Literature , 30 ( 2 ) : 675 – 740 .
  • David , P. A. 1985 . Clio and the economics of QWERTY . American Economic Review , 75 ( 2 ) : 332 – 337 .
  • David , P. A. 1993 . “ Path dependence and predictability in dynamic systems with local network externalities: A paradigm for historical economics ” . In Technology and the Wealth of Nations , Edited by: Foray , D. and Freeman , C. 187 – 216 . London : Pinter .
  • David , P. A. 2005 . “ Path dependence in economic processes: Implications for policy analysis in dynamical systems contexts ” . In The Evolutionary Foundations of Economics , Edited by: Dopfer , K. 151 – 194 . Cambridge : Cambridge University Press .
  • Dechezleprêtre, A., Glachant, M., Hascic, I., Johnstone, N. & Ménière, Y. (2008) Invention and Transfer of Climate Change Mitigation Technologies on a Global Scale: A Study Drawing on Patent Data, Working Paper, Paris: Centre for Industrial Economics.
  • Doornbosch, R. & Knight, E. (2008) What Role for Public Finance in International Climate Change Mitigation, OECD Roundtable for Sustainable Development, Paris: SG/SD/RT(2008)3.
  • Fankhauser , S. and Helpburn , C. 2010a . Designing carbon markets. Part I: Carbon markets in time . Energy Policy , 38 ( 8 ) : 4363 – 4370 .
  • Fankhauser , S. and Helpburn , C. 2010b . Designing carbon markets. Part II: Carbon markets in space . Energy Policy , 38 ( 8 ) : 4381 – 4387 .
  • Fischer, C. (2009) The Role of technology policies in climate mitigation, Issues Brief, Resources for the Future, Washington, DC.
  • Foxton , T. 2011 . “ The rationale for policy interventions from and innovations systems perspective ” . In Governing Technology for Sustainability , Edited by: Murphy , J. London : Earthscan . Ch. 7, pp. 129–147
  • Geels , F. 2002 . Technological transitions as evolutionary reconfiguration processes: A multi-level perspective and a case-study . Research Policy , 31 ( 2002 ) : 1257 – 1274 .
  • Geels , F. W. 2005 . Technological Transitions and System Innovations: A Co-evolutionary and Socio-Technical Analysis , Cheltenham : Edward Elgar .
  • Geels, F. & Kemp, R. (2006) Transitions, transformations, and reproductions: Dynamics in socio-technical systems, in: M. McKelvery & H. Holmén (Eds) Flexibility and Stability in the Innovating Economy, pp. 227–256 (Oxford: Oxford University Press).
  • Grubb , M. and Ulph , D. 2002 . Energy, the environment and innovation . Oxford Review of Economic Policy , 18 ( 1 ) : 92 – 106 .
  • Hazilla , M. and Kopp , R. 1990 . Social cost of environmental regulations: A general equilibrium analysis . Journal of Political Economy , 98 ( 4 ) : 853 – 873 .
  • Helm , D. 2005 . Economic instruments and environmental policy . The Economic and Social Review , 36 ( 3 ) : 205 – 228 .
  • Hepburn , C. 2006 . Regulation by prices, quantities or both: A review of investment choice . Oxford Review of Economic Policy , 122 ( 2 ) : 226 – 247 .
  • Horbach , J. 2007 . Determinants of environmental innovation: New evidence from German panel data sources . Research Policy , 37 ( 10 ) : 163 – 173 .
  • Indonesian Green Paper (2009) Ministry of Finance Green Paper: Economic and Fiscal Policy Strategies for Climate Change Mitigation in Indonesia (Jakarta: Republic of Indonesia).
  • Jacoby , H. D. and Ellerman , A. D. 2004 . The safety valve and climate policy . Energy Policy , 32 ( 4 ) : 481 – 491 .
  • Johnstone , N. , Hascic , I. and Popp , D. 2010 . Renewable energy policies and technological innovation: Evidence based on patent counts . Environmental Resource Economics , 45 ( 1 ) : 133 – 155 .
  • Jorgenson , D. W. and Wilcoxen , P. J. 1990 . Environmental regulation and US economic growth . RAND Journal of Economics , 21 ( 2 ) : 314 – 340 .
  • Kamien , M. I. and Schwartz , N. L. 1968 . Optimal induced technical change . Econometrica , 36 ( 1 ) : 1 – 17 .
  • Kemp , R. 1994 . Technology and the transition to environmental sustainability. The problem of technological regime shifts . Futures , 26 ( 10 ) : 1023 – 1046 .
  • Kemp , R. , Rip , A. and Schot , J. 2001 . “ Constructing transition paths through the management of niches ” . In Path Dependence and Creation , Edited by: Garud , R. and Karnoe , P. 269 – 299 . Mahwah , NJ : Lawrence Erlbaum .
  • Kemp , R. , Schot , J. and Hoogma , R. 1998 . Regime shifts to sustainability through processes of niche formation: The approach of strategic niche management . Technology Analysis and Strategic Management , 10 ( 2 ) : 175 – 196 .
  • Knight, E. R. W. (2010) The Economic Geography of Clean Tech Venture Capital, Working Paper (available on SSRN). Oxford: Centre for Employment, Work and Finance, School of Geography and Environment, Oxford University.
  • Kriechel , B. and Ziesemer , T. 2009 . The environmental porter hypothesis: Theory, evidence, and a model of timing of adoption . Economics of Innovation and New Technology , 18 ( 3 ) : 267 – 294 .
  • Lanoie , P. , Patry , M. and Lajeunesse , R. 2008 . Environmental regulation and productivity: Testing the porter hypothesis . Journal of Productivity Analysis , 30 ( 2 ) : 121 – 128 .
  • Levinthal , D. A. 1998 . The slow pace of rapid technological change: Gradualism and punctuation in technological change . Industrial and Corporate Change , 7 ( 2 ) : 217 – 247 .
  • Martin , R. 2010 . Roepke lecture in economic geography—rethinking regional path dependence: Beyond lock-in to evolution . Economic Geography , 86 ( 1 ) : 1 – 27 .
  • Ministry of Finance Green Paper (2009) Economic and Fiscal Policy Strategies for Climate Change Mitigation in Indonesia.
  • Nelson, R. R. & Winter, S. G. (1982) An Evolutionary Theory of Economic Change (Cambridge, MA: Belknap Press).
  • Newell , R. , Jaffe , A. and Stavins , R. 1999 . The induced innovation hypothesis and energy-saving technological change . The Quarterly Journal of Economics , 114 ( 3 ) : 941 – 975 .
  • Nordhaus , W. 2007 . To tax or not to tax: Alternative approaches to slowing global warming . Review of Environmental Economics and Policy , 1 ( 1 ) : 26 – 44 .
  • Olson , M. 1965 . The Logic of Collective Action , Cambridge, MA : Harvard University Press .
  • Palmer , K. , Oates , W. E. and Portney , P. R. 1995 . Tightening environmental standards: The benefit cost or the no-cost paradigm . Journal of Economic Perspectives , 9 ( 4 ) : 119 – 132 .
  • Philibert , C. 2009 . Assessing the value of price caps and floors . Climate Policy , 9 ( 6 ) : 612 – 633 .
  • Pigou , A. C. 1912 . Wealth and Welfare , New York : Macmillan .
  • Pigou , A. 1932 . The Economics of Welfare , 4 , London : Macmillan .
  • Popp, D. (2006) Comparison of climate policies in the ENTICE-BR model, The Energy Journal, Special Issue: Endogenous Technological Change and the Economics of Atmospheric Stablisation, 1, pp. 163–174.
  • Popp, D. (2010) The Porter hypothesis at 20: Innovation and environmental regulation, presentation given to the Maxwell School of Citizenship and Public Affairs, Syracuse University.
  • Porter , M. E. and van der Linde , C. 1995 . Toward a new conception of the environment-competitiveness relationship . Journal of Economic Perspectives , 9 ( 4 ) : 97 – 118 .
  • Rip , A. and Kemp , R. 1998 . “ Technological change ” . In Human Choice and Climate Change , Edited by: Rayner , S. and Malone , E. L. Vol. 2 , 327 – 399 . Columbus , OH : Battelle Press .
  • Schot , J. and Geels , F. W. 2008 . Strategic niche management and sustainable innovation journeys: Theory, findings, research agenda, and policy . Technology Analysis and Strategic Management , 20 ( 5 ) : 537 – 554 .
  • Schot , J. W. , Hoogma , R. and Elzen , B. 1994 . Strategies for shifting technological systems. The case of the automobile system . Futures , 26 ( 10 ) : 1060 – 1076 .
  • Schumpeter , J. 1975[1942] . Capitalism, Socialism and Democracy , New York : Harper and Row, Harper Colophon Ed .
  • Shellenberger , M. , Nordhaus , T. , Navin , J. , Norris , T. and Van Noppen , A. 2008 . Fast, clean, and cheap: Cutting global warming's Gordian Knot . Harvard Law & Policy Review , 2 ( 1 ) : 93 – 118 .
  • Simon , H. A. 1955 . A behavioral model of rational choice . Quarterly Journal of Economics , 69 ( 1 ) : 1 – 18 .
  • Simon, H. A. (1957) Administrative Behavior: A Study of Decision-making Processes in Administrative Organization (New York: MacMillan).
  • Stern, N. (2006) The Economics of Climate Change – The Stern Review (Cambridge: Cambridge University Press).
  • Stern , N. 2009 . A Blueprint for a Safer Planet: How We can Save the World and Create Prosperity , London : Vintage .
  • Unruh , G. C. 2000 . Understanding carbon lock in . Energy Policy , 28 ( 12 ) : 817 – 830 .
  • Yang , C.-J. and Oppenheimer , M. 2007 . A “Manhattan Project” for climate change? . Climate Change , 80 ( 3–4 ) : 199 – 204 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.