We analyze a repeated game in which countries are polluting as well as investing in technologies. While folk theorems point out that the first best can be sustained as a subgame-perfect equilibrium when the players are sufficiently patient, we derive the second best equilibrium when they are...

The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...

Theoretical analysis and empirical evidence show that leadership behavior in climate policy through increased abatement efforts or international transfers cannot be expected to be very successful. In this paper we instead show that pioneering activities, which are based on green technological...

This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model where R&D efficiency varies across countries and productivity differences emerge from firm-level technology investments. The theory characterizes how innovation and learning...

There are important reasons why Japan's policy regarding imports of technology should find its place in the literature devoted to the economic development of Asia, Africa and Latin America. It is Japan which mastered to a highest degree the ability to subordinate technology imports to...

The author discusses the controversial problems connected with the transfer of highly sophisticated technologies to LDCs. In his opinion this transfer and adaptation of technologies is necessary and advantageous, but depends on the development of a national technological capacity of a developing...