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future emission damage costs. In the presence of massive uncertainties and technology spillovers, well-designed sup …-port mechanisms for renewables are found to play a major role, notably as a means for compensating for technology spillovers, yet also …
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market imperfections related to the emission externality, knowledge spillovers and capital market imperfections negatively …
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Climate policy spillovers can be either positive or negative since firms change their production processes in response … how spillovers can be decomposed into output effects (which have ancillary benefits) and substitution effects (which may … climate policy. I then test for climate policy spillovers in electricity power generation. The estimates are consistent with …
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environmental risks, maintaining urban environments. This study measures inter-county spillovers of the greenhouse gas (GHG …
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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...
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