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Optimal Emission Pricing in the Presence of International Spillovers : Decomposing Leakage and Terms-of-Trade Motives

Boehringer, Christoph - 2010

Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar-thy-neighbor policy to exploit terms of trade. Using an...

Persistent link: https://www.econbiz.de/10013144964

Endogenizing Technological Change : Matching Empirical Evidence to Modeling Needs

Pizer, William A. - 2012

Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...

Persistent link: https://www.econbiz.de/10012755385

Energy, the Environment, and Technological Change

Popp, David; Newell, Richard G.; Jaffe, Adam B. - 2021

Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...

Persistent link: https://www.econbiz.de/10013220009

Technology, International Trade, and Pollution from U.S. Manufacturing

Levinson, Arik - 2014

Total pollution emitted by U.S. manufacturers declined over the past 30 years by about 60 percent, even though real …, which itself may result from increased net imports of pollution-intensive goods (quot;international tradequot;). I first … show that most of the decline in pollution from U.S. manufacturing has been the result of changing technology, rather than …

Persistent link: https://www.econbiz.de/10012751730

Mirage on the Horizon : Geoengineering and Carbon Taxation Without Commitment

Acemoglu, Daron - 2018

We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...

Persistent link: https://www.econbiz.de/10012924470

Human Capital Investment, Inequality and Economic Growth

Murphy, Kevin M. - 2016

We treat rising inequality is an equilibrium outcome in which human capital investment fails to keep pace with rising demand for skills. Investment affects skill supply and prices on three margins: the type of human capital in which to invest; how much to acquire; and the intensity of use. The...

Persistent link: https://www.econbiz.de/10013001789

Technological Diffusion, Conditional Convergence, and Economic Growth

Bloom, David E.; Canning, David; Sevilla, Jaypee - 2021

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences...

Persistent link: https://www.econbiz.de/10013240307

Decomposing Wage Inequality Change Using General Equilibrium Models

Abrego, Lisandro; Whalley, John - 2021

This paper presents ex post decomposition analysis of wage inequality change using multi-sector general equilibrium models. The analytical structure used is a specific- factors model of trade, which we calibrate to UK data for the two years 1979 and 1975. We first calibrate our general...

Persistent link: https://www.econbiz.de/10013248534

Top incomes, rising inequality and welfare

Lansing, Kevin J.; Markiewicz, Agnieszka - In: The economic journal : the journal of the Royal … 128 (2018) 608, pp. 262-297

Persistent link: https://www.econbiz.de/10011951237

Technical Change, Inequality, and the Labor Market

Acemoglu, Daron - 2011

This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...

Persistent link: https://www.econbiz.de/10013126042

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