Environmental Economics & Climate Policy at TSE
A Pluto.jl notebook to explore the model of Aghion et al (2021)
- 📓 Run the Pluto.jl notebook
- 📂 View the PDF of the notebook
- 📔 View the slides of the Empirical Analysis
- 💻 See the Julia file
- Greater market competition (↑ Δ) 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 δ
- Greater consumer social responbility concerns (δ) increase welfare if and only if competition is strong enough
- 📓 Run the Pluto.jl notebook to see how emissions and welfare change with changes in:
- consumer preferences δ
- the size of leading-edge innovations γ
- level of competition Δ
- marginal cost of labor c
- cost of innovation κ
- investment flow I(Δ)
