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Sustainable development Transition through Regulation-Induced technological Change

Objective

The transition toward a sustainable economy has become an urgency rather than just a challenge. Rising to it demands a deep reconsideration of the economic, social and environmental dimensions of development. The rapid degradation of the environment requires a swift and deep transformation. Our diverse team of researchers experienced in different, yet complementary disciplines, aims to provide rigorous scientific evidence on how regulation induces sustainable technological change? We build on expertise in economics, statistical modelling, computer programming and environmental law, and apply cutting-edge methods that have yet to be used to answer this important question. The Porter hypothesis claims, with mixed evidence, that environmental regulation may result in a win-win for the regulated firms through innovation offsets. By contrast, the regulation-induced technological change model we develop posits that stringent regulation will stimulate entry of new players. These are more likely to rise to the challenge with disruptive innovations, instead of incremental improvements by incumbent firms (Schumpeter’s creative destruction). We use the case of the Zero Emission Vehicle (ZEV) program as an instance of regulatory shocks that are stringent enough to be qualified of technology forcing. We begin by calibrating a micro-founded model of regulation-induced technological change. We then investigate empirically the impact of the regulatory shocks on the economy by analyzing innovation and competitiveness; on workers by analyzing the effect of environmental policy stringency on labor skills; and on the environment by analyzing the effect of regulation on air quality. STRICt will thus deliver a comprehensive analysis of the impact of regulation-induced technological change on all three pillars of sustainable development. The evidence will improve the acceptability of ambitious policies and the achievement of international goals connecting economic and environmental gains.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF - Marie Skłodowska-Curie Individual Fellowships (IF)

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2018

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Coordinator

UNIVERSITE SAINT-LOUIS-BRUXELLES ASBL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 266 425,92
Address
BOULEVARD DU JARDIN BOTANIQUE 43
1000 Bruxelles / Brussel
Belgium

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Region
Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 266 425,92

Partners (1)

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