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Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?
Bosetti, Valentina; Carraro, Carlo; Sgobbi, Alessandra; … - C.E.P.R. Discussion Papers - 2008
. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding … this uncertainty cost? Is there a hedging strategy that decision makers can adopt to cope with delayed action and uncertain … computing the optimal abatement strategy in the presence of uncertainty about a global stabilisation target (which will be …
Persistent link: https://www.econbiz.de/10005661739
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Modelling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment of Architectures for Agreement
Bosetti, Valentina; Carraro, Carlo; Sgobbi, Alessandra; … - C.E.P.R. Discussion Papers - 2008
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10005124346
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Optimal Transfers and Participation Decisions in International Environmental Agreements
Carraro, Carlo; Eyckmans, Johan; Finus, Michael - C.E.P.R. Discussion Papers - 2005
The literature on international environmental agreements has recognized the role transfers play in encouraging participation in international environmental agreements (IEAs), but the few results achieved so far are overly specific and do not exploit the full potential of transfers for successful...
Persistent link: https://www.econbiz.de/10005124446
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Should a Carbon Tax be Differentiated Across Sectors?
Hoel, Michael - C.E.P.R. Discussion Papers - 1994
If some, but not all, countries are cooperating to reduce CO2 emissions, it can be argued that: A high carbon tax on carbon-intensive tradable sectors in the cooperating countries will reduce the production of goods from these sectors, and therefore CO2 emissions, in those countries. This will...
Persistent link: https://www.econbiz.de/10005498029
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International Energy R&D Spillovers and the Economics of Greenhouse Gas Atmospheric Stabilization
Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele; … - C.E.P.R. Discussion Papers - 2007
It is widely recognized that technological change has the potential to reduce GHG emissions without compromising economic growth; hence, any better understanding of the process of technological innovation is likely to increase our knowledge of mitigation possibilities and costs. This paper...
Persistent link: https://www.econbiz.de/10005114336
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Banking Permits: Economic Efficiency and Distributional Effects
Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele - C.E.P.R. Discussion Papers - 2008
Most analyses of the Kyoto flexibility mechanisms focus on the cost effectiveness of "where" flexibility (e.g. by showing that mitigation costs are lower in a global permit market than in regional markets or in permit markets confined to Annex 1 countries). Less attention has been devoted to...
Persistent link: https://www.econbiz.de/10005114381
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Incentives and Stability Of International Climate Coalitions: An Integrated Assessment
Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; … - C.E.P.R. Discussion Papers - 2012
This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions’ profitability and stability is performed under alternative assumptions concerning the pure rate of time...
Persistent link: https://www.econbiz.de/10011083407
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Behind the GATE Experiment: Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training
Fairlie, Robert W; Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2012
We use randomized program offers and multiple follow-up survey waves to examine the effects of entrepreneurship training on a broad set of outcomes. Training increases short run business ownership and employment, but there is no evidence of broader or longer run effects. We also test whether...
Persistent link: https://www.econbiz.de/10011084448
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Human Capital, Innovation, and Climate Policy: An Integrated Assessment
Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2012
This paper looks at the interplay between human capital and innovation in the presence of climate and educational policies. Using recent empirical estimates, human capital and general purpose R&D are introduced in an integrated assessment model that has been extensively applied to study the...
Persistent link: https://www.econbiz.de/10011084481
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Delayed Participation of Developing Countries to Climate Agreements: Should Action in the EU and US be Postponed?
Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2008
countries. Finally, uncertainty about the timing of NA1-country participation does not modify the optimal abatement strategy for …
Persistent link: https://www.econbiz.de/10005666677