Designing Dynamic Subsidies to Spur Adoption of New Technologies
Designing Dynamic Subsidies to Spur Adoption of New Technologies
复制标题
设计动态补贴以刺激新技术的采用
DOI:
10.1086/719949
复制
发表时间:
2018
影响因子:
3.6
通讯作者:
D. Lemoine
中科院分区:
文献类型:
--
作者:
A. Langer;D. Lemoine
We analyze the efficient subsidy for durable good technologies. We theoretically demonstrate that a policy maker faces a tension between intertemporally price discriminating by designing a subsidy that increases over time and taking advantage of future technological progress by designing a subsidy that decreases over time. Using dynamic estimates of household preferences for residential solar in California, we show that the efficient subsidy increases over time. The regulator’s spending quintuples when households anticipate future technological progress and future subsidies.