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Empowering the Green Innovation Machine

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  • Reinhilde Veugelers

    (University of Leuven)

Abstract

An important insight from the economic analysis of the effectiveness of public intervention for green innovations is the complementarity between policy instruments, indicating the need for an adequate policy mix of instruments rather than a focus on individual instruments. The evidence provides little support for the efficacy of single instruments, like subsidies, when used in isolation. For the EU, the biggest challenge for its green technology policy is the lack of a sufficiently high carbon price.

Suggested Citation

  • Reinhilde Veugelers, 2016. "Empowering the Green Innovation Machine," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(4), pages 205-208, July.
    • Handle: RePEc:spr:intere:v:51:y:2016:i:4:d:10.1007_s10272-016-0603-1
    DOI: 10.1007/s10272-016-0603-1
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    Cited by:

    1. Miria A. Pigato, 2019. "Fiscal Policies for Development and Climate Action," World Bank Publications - Books, The World Bank Group, number 31051, December.
    2. Morteza Akbari & Hamid Padash & Zahra Shahabaldini Parizi & Haniye Rezaei & Elmira Shahriari & Ala Khosravani, 2022. "A bibliometric review of green innovation research: identifying knowledge domain and network," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(6), pages 3993-4023, December.

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