Philippe Aghion
Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry
Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g., electric, … read more »
2014
Path dependence, innovation and the economics of climate change
Shifting our fossil-fuelled civilisation to clean modes of production and consumption requires deep transformations in our energy and economic systems read more »
