BEGIN:VCALENDAR
VERSION:2.0
PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
METHOD:PUBLISH
CALSCALE:GREGORIAN
BEGIN:VEVENT
UID:diw_01.c.892913.en
SUMMARY:Growing Clean? Directing Technological Change in Germany
DESCRIPTION:11:30 - 12:30Francine D. Blau Room 3.3.002B + 3.3.002C // The emerging net zero paradigm requires economies to go green; and Europe’s ambition is to lead the way. This requires directing technological change toward cleaner growth, which intersects with green industrial policies in the form of green innovation subsidies. Leveraging a quasi-exhaustive novel dataset on German R&D subsidies, we provide rigorous evidence on whether green R&D subsidies increase research productivity at least as effectively as non-green subsidies (green productivity effect), and whether they steer the recipient firm’s innovation and production portfolios from dirty to clean (redirection effect). We further test for potentially heterogeneous treatment effects when interacted with carbon pricing and competition. Our findings add much-needed rigor to this heated debate and support the emerging evidence that well-targeted industrial policies elicit their desired responses; and specifically, that green R&D subsidies are effective at reorienting research towards low-carbon growth.
DTSTART;VALUE=DATE:20240214
DTEND;VALUE=DATE:20240214
DTSTAMP:20240211T230000Z
URL:https://www.diw.de/en/diw_01.c.892913.en/events/growing_clean__directing_technological_change_in_germany.html
ORGANIZER;CN=Jonas Hannane:mailto:jhannane@diw.de
END:VEVENT
END:VCALENDAR