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Towards A Competitive Low-Carbon Economy: On Firms’ Incentives And The Role Of Public Research

Author

Listed:
  • Annette Bongardt

    (Universidade Moderna and IEEI)

  • Isabel Cabrita

    (Universidade Moderna and INETI)

Abstract

This paper considers the prerequisites for implementing a competitive low-carbon economy in the European Union from the point of view of firms’ incentives, the role of policy and the contribution of public research. It suggests that the reduction of the environmental impact of energy can be a new competitiveness factor. Rather than being treated as a constraint and cost-aggravating factor, addressing climate change can offer economic opportunity and contribute to growth. The paper looks at both static (energy efficiency) and dynamic (innovation – new products, processes, technologies or sectors and consumption patterns) dimensions of competitiveness.

Suggested Citation

  • Annette Bongardt & Isabel Cabrita, 2007. "Towards A Competitive Low-Carbon Economy: On Firms’ Incentives And The Role Of Public Research," Working Papers de Economia (Economics Working Papers) 49, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
    • Handle: RePEc:ave:wpaper:492007
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    References listed on IDEAS

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    1. Juan Delgado & Hans W. Friederiszick & Lars-Hendrik Röller, . "Energy- choices for Europe," Blueprints, Bruegel, number 14, June.
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    More about this item

    Keywords

    Economic competitiveness; low-carbon economy; energy; technology; and public research.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H44 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Goods: Mixed Markets

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