Green Industrial Policy : Trade and Theory

Karp, Larry ; Stevenson, Megan

World Bank, Washington, DC

关键词: ABATEMENT;    ABATEMENT COSTS;    ABSORPTION;    AGGREGATE DEMAND;    AGGREGATE EMISSIONS;   

DOI  :  10.1596/1813-9450-6238
RP-ID  :  WPS6238

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This paper studies the reality and thepotential for green industrial policy. It provides a summaryof the green industrial policies, broadly understood, forfive countries. It then considers the relation between greenindustrial policies and trade disputes, emphasizing theBrazil-United States dispute involving ethanol and thebroader United States-China dispute. The theory of publicpolicy provides many lessons for green industrial policy.The authors highlight four of these lessons, involving theGreen Paradox, the choice of quantities versus prices withendogenous investment, the coordination issues arising fromemissions control, and the ability of green industrialpolicies to promote cooperation in reducing a global publicbad like carbon emissions.