Does directed innovation mitigate climate damage?: evidence from U.S. agriculture
This article studies how innovation reacts to climate change and shapes its economic impacts, focusing on U.S. agriculture. We show in a model that directed innovation can either mitigate or exacerbate climate change’s potential economic damage depending on the substitutability between new technolog...
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Veröffentlicht in: | The Quarterly journal of economics 2023-05, Vol.138 (2), p.637-701 |
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Format: | Artikel |
Sprache: | eng |
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