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  The Political Economics of Green Transitions: Optimal Intertemporal Policy Response

Dögnitz, L., Konc, T., Mattauch, L. (2024): The Political Economics of Green Transitions: Optimal Intertemporal Policy Response, (Berlin School of Economics Discussion Papers ; 47), Berlin : Berlin School of Economics, 37 p.
https://doi.org/10.48462/opus4-5596

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Item Permalink: https://publications.pik-potsdam.de/pubman/item/item_31602 Version Permalink: https://publications.pik-potsdam.de/pubman/item/item_31602_2
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 Creators:
Dögnitz, Lorenz1, Author
Konc, Theo2, Author              
Mattauch, Linus2, Author              
Affiliations:
1External Organizations, ou_persistent22              
2Potsdam Institute for Climate Impact Research, ou_persistent13              

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 Abstract: Besley and Persson (2023) pioneer a political economy model of a green transition with changing preferences. Here we solve for the optimal policy intervention and find that the optimal tax on the polluting good starts high and is subsequently declining, to support the transition in preferences. We quantify the welfare loss of ignoring preference changes.

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Language(s): eng - English
 Dates: 2024-08-092024-08-012024-08-01
 Publication Status: Finally published
 Pages: 37
 Publishing info: Berlin : Berlin School of Economics
 Table of Contents: -
 Rev. Type: -
 Identifiers: MDB-ID: No data to archive
Organisational keyword: FutureLab - Inequality, Human Well-Being and Development
PIKDOMAIN: RD2 - Climate Resilience
Organisational keyword: RD2 - Climate Resilience
Research topic keyword: Carbon Pricing
Research topic keyword: Economics
Model / method: Quantitative Methods
DOI: 10.48462/opus4-5596
 Degree: -

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Title: Berlin School of Economics Discussion Papers
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Pages: - Volume / Issue: 47 Sequence Number: - Start / End Page: - Identifier: -