Environmental Economics & Climate Policy at TSE
A Pluto.jl notebook to explore the model of Aghion et al (2021)
- ๐ Run the Pluto.jl notebook
- ๐ View the PDF of the notebook
- ๐ View the slides of the Empirical Analysis
- ๐ป See the Julia file
- Greater market competition (โ ฮ) encourages greater reductions in emissions and greater increases in welfare, conditional on the cost of investment in green technologies
- Aggregate pollution decreases with consumer's social responsibility concerns ฮด
- Greater consumer social responbility concerns (ฮด) increase welfare if and only if competition is strong enough
- ๐ Run the Pluto.jl notebook to see how emissions and welfare change with changes in:
- consumer preferences ฮด
- the size of leading-edge innovations ฮณ
- level of competition ฮ
- marginal cost of labor c
- cost of innovation ฮบ
- investment flow I(ฮ)