Publications

BibTex format

@article{Martin:2023:10.1257/aeri.20210014,
author = {Martin, R and Benabou, R and Aghion, P and Roulet, A},
doi = {10.1257/aeri.20210014},
journal = {The American Economic Review Insights},
pages = {1--20},
title = {Environmental preferences and technological choices: is market competition clean or dirty?},
url = {http://dx.doi.org/10.1257/aeri.20210014},
volume = {5},
year = {2023}
}

Download

RIS format (EndNote, RefMan)

TY  - JOUR
AB  - We investigate the effects of consumers’ environmental concerns and market competition on firms’ decisions to innovate in “clean” technologies. Agents care about their consumption and environmental footprint; firms pursue greener products to soften price competition. Acting as complements, these forces determine R&D, pollution, and welfare. We test the theory using panel data on patents by 7,060 automobile sector firms in 25 countries, environmental willingness to pay, and competition. As predicted, exposure to prosocial attitudes fosters clean innovation, all the more so where competition is strong. Plausible increases in both together can spur it as much as a large fuel price increase. (JEL D22, L62, O31, O34, Q52, Q53, Q54)
AU  - Martin,R
AU  - Benabou,R
AU  - Aghion,P
AU  - Roulet,A
DO  - 10.1257/aeri.20210014
EP  - 20
PY  - 2023///
SN  - 2640-2068
SP  - 1
TI  - Environmental preferences and technological choices: is market competition clean or dirty?
T2  - The American Economic Review Insights
UR  - http://dx.doi.org/10.1257/aeri.20210014
UR  - https://www.aeaweb.org/articles?id=10.1257/aeri.20210014
UR  - http://hdl.handle.net/10044/1/102221
VL  - 5
ER  -

Download

Ralf Martin

Contact

Location

Summary

Citation

BibTex format

RIS format (EndNote, RefMan)