环境研发锦标赛

IF 1.1 4区经济学 Q3 ECONOMICS

Journal of Public Economic Theory Pub Date : 2025-05-05 DOI:10.1111/jpet.70029

John C. Strandholm, Eric P. Dunaway

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引用次数: 0

摘要

我们研究了环境（或绿色）研发（R&；D）投资在具有内生奖励的竞赛（称为R&；D锦标赛）背景下的影响。“赢得”比赛的公司是开发出最有效的减排技术并获得使用该技术的独家产权的公司。这减少了获胜企业所面临的排放费负担，同时也降低了所有企业所面临的费用。我们发现，除了高水平的绿色投资成本外，赛事促使企业比非赛事研发模式投入更多。

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Environmental R&D Tournaments

We investigate the impacts of investment in environmental (or green) research and development (R&D) in the context of a contest with endogenous rewards, known as R&D tournaments. The firm that “wins“ the tournament is the one which develops the most effective technology at reducing emissions and gains sole property rights in using that technology. This reduces the burden of the emission fee which the winning firm faces, while also lowering the fee all firms face. We find that the tournament induces firms to invest more than in a non-tournament R&D model except at high levels of green investment cost.

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来源期刊

Journal of Public Economic Theory ECONOMICS-

自引率

36.40%

发文量

期刊介绍： As the official journal of the Association of Public Economic Theory, Journal of Public Economic Theory (JPET) is dedicated to stimulating research in the rapidly growing field of public economics. Submissions are judged on the basis of their creativity and rigor, and the Journal imposes neither upper nor lower boundary on the complexity of the techniques employed. This journal focuses on such topics as public goods, local public goods, club economies, externalities, taxation, growth, public choice, social and public decision making, voting, market failure, regulation, project evaluation, equity, and political systems.