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system are derived. The concrete application of these rules leads to recommendations for a policy of sustainability with …
Persistent link: https://www.econbiz.de/10013428103
The objective of this paper is to quantify the economic effects of the introduction of a system of tradable permits in the European Union (EU). For this purpose we use linked applied general equilibrium models (AGE) for eleven EU member countries. This method enables us to measure the change in...
Persistent link: https://www.econbiz.de/10011620808
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question is if innovations toward sustainability can be treated like normal innovations or if a specific theory and policy are … need can be identified to improve our understanding of innovation processes toward sustainability in their different … approaches have their merits and limits concerning a theory and policy of ecoinnovation. Neoclassical methods are most elaborated …
Persistent link: https://www.econbiz.de/10013428160
Besley and Persson (2023) pioneer a political economy model of a green transition with changing preferences. Here we …
Persistent link: https://www.econbiz.de/10015053489
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This paper provides an overview of the treatment of technological change in economic models of environmental policy. Numerous economic modeling studies have confirmed the sensitivity of mid- and long-run climate change mitigation cost and benefit projections to assumptions about technology...
Persistent link: https://www.econbiz.de/10001628920
Persistent link: https://www.econbiz.de/10011575038
The specification of the world closure, i.e. the way of closing the domestic economy model by incorporating the external sector, is a crucial component for those models in which production and consumption is not specified endogenously for all countries. This paper looks explicitly at the...
Persistent link: https://www.econbiz.de/10013428143