Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor - C.E.P.R. Discussion Papers - 2002
/Bonn Protocol both on technological innovation and on the price of emission permits (and, as a consequence, on abatement costs). A … innovation and diffusion is taken into account (the model embodies international technological spillovers). A second goal is to … negotiations, its increased bargaining power and its eventual incentives to follow the US defections. …