Replication data for: The Environment and Directed Technical Change

David Hemous, Leonardo Bursztyn, Philippe Aghion & Daron Acemoglu
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. The final good is produced from \"dirty\" and \"clean\" inputs. We show that: (i) when inputs are sufficiently substitutable, sustainable growth can be achieved with temporary taxes/subsidies that redirect innovation toward clean inputs; (ii) optimal policy involves both \"carbon taxes\" and research subsidies, avoiding excessive use of carbon taxes; (iii) delay in intervention is costly, as it later necessitates a...
1 citation reported since publication in 2012.
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