Understanding fossil fuel supply behaviour is crucial for interpreting carbon leakage and assessing the potential effectiveness of border measures in climate policy. In most computable general equilibrium models, this fossil fuel supply is derived from a constant elasticity of substitution...

Economic thought on climate policy as an instance of environmental regulation is strongly influenced by the principle of a uniform carbon price. Economists acknowledge that this principle breaks down in a “second-best” world with other distortions, such as taxes and market power in domestic...

This study quantified the effectiveness of emission trading by considering multiple technological constraints, burden sharing schemes, and climate stabilization targets. We used a global computable general equilibrium model, and evaluated the effectiveness of emission trading using welfare...

This paper presents comparative data on innovation in selected climate change mitigation and adaptation technologies in the context of Africa. Such analysis informs policy aimed at encouraging international technology transfer and development of domestic innovation capacities. We present...

This paper examines the effect of multilateral energy technology initiatives, so called "Implementing Agreements", on international research collaboration in seven important climate change mitigation technologies. The analysis is conducted using patent data on 33 OECD countries during the period...

Biofuels could offer new economic opportunities for low-income countries. We use a recursive dynamic computable general equilibrium model of Tanzania to evaluate different biofuels production options and estimate their impacts on growth and poverty. Our results indicate that maximizing the...

Using a computable general equilibrium, this paper quantifies the GDP and employment effects of an illustrative greenhouse gas emissions reduction policy. The paper first analyses the direct negative economic effects of the emissions restrictions on GDP and examines labour sectoral reallocations...

In this article, an extensive review of the rapidly growing biofuel-related time-series literature is carried out. The data used, the modeling techniques and the main findings of this literature are discussed. Providing a review of this flourishing research area is relevant as a guidepost for...

This paper analyses some of the determinants of biofuel economy in terms of relations with the fossil fuels markets and the agricultural markets. In particular, on the basis of the scientific literature the impact of fossil fuel prices on the agricultural markets is analyzed together with...

The implementation in 2020 of binding national targets for reducing greenhouse gas emissions and use of renewable energy has increased the interest in biomass as a viable alternative to fossil fuels. Thus agriculture acquires a primary role for the reduction of CO2 but raises many issues: CBA,...