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eecp's Introduction

Environmental Economics & Climate Policy at TSE

A Pluto.jl notebook to explore the model of Aghion et al (2021)

Main results

  • 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
  • ๐Ÿ““ 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”)

eecp's People

Contributors

masonrhayes avatar

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