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Linking reduced deforestation and a global carbon market: Impacts on costs, financial flows, and technological innovation
Bosetti, Valentina; Lubowski, Ruben; Golub, Alexander; … - 2009
Discussions over tropical deforestation are currently at the forefront of climate change policy negotiations at national, regional, and international levels. This paper analyzes the effects of linking Reduced Emissions from Deforestation and Forest Degradation (REDD) to a global market for...
Persistent link: https://www.econbiz.de/10010279555
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Linking Reduced Deforestation and a Global Carbon Market: Impacts on Costs, Financial Flows, and Technological Innovation
Bosetti, Valentina; Lubowski, Ruben; Golub, Alexander; … - Fondazione ENI Enrico Mattei (FEEM) - 2009
Discussions over tropical deforestation are currently at the forefront of climate change policy negotiations at national, regional, and international levels. This paper analyzes the effects of linking Reduced Emissions from Deforestation and Forest Degradation (REDD) to a global market for...
Persistent link: https://www.econbiz.de/10005008035
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The Relationship between Market Structure and Innovation in Industry Equilibrium : A Case Study of the Global Automobile Industry
Hashmi, Aamir Rafique; Van Biesebroeck, Johannes - 2014
We specify and estimate a dynamic game to study the equilibrium relationship between market structure and innovation in … as stochastically increasing in innovation, the dynamic control, which is proxied by patent applications. Equilibrium … innovation is a function of market structure, the vector of quality levels of all active firms, and the cost of R&D. Our main …
Persistent link: https://www.econbiz.de/10014155399
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The Relationship between Market Structure and Innovation in Industry Equilibrium : A Case Study of the Global Automobile Industry
Hashmi, Aamir Rafique; Van Biesebroeck, Johannes - 2014
study the equilibrium relationship between market structure and innovation. The key state variable in the model is the …. Efficiency is estimated to be stochastically increasing in the dynamic control-innovation-which is proxied by patenting behavior …. Equilibrium innovation is a function of all state variables in the industry and the cost of R&D which includes a privately …
Persistent link: https://www.econbiz.de/10014041800
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Mirage on the horizon : geoengineering and carbon taxation without commitment
Acemoglu, Daron; Rafey, Will - 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/10011820231
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Emission Taxation, Green Innovations and Inverted-U Aggregate R&D Efforts in a Linear State Oligopoly Game
Dragone, Davide - 2017
, in accordance with Aghion et al. (2005), and the industry structure maximising aggregate green innovation also minimises …
Persistent link: https://www.econbiz.de/10012958959
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Emission taxation, green innovations and inverted-U aggregate R&D efforts in a linear state oligopoly game
Dragone, Davide; Lambertini, Luca; Palestini, Arsen - 2017
, in accordance with Aghion et al. (2005), and the industry structure maximising aggregate green innovation also minimises …
Persistent link: https://www.econbiz.de/10011674450
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The Unequal Economic Consequences of Carbon Pricing
Känzig, Diego R. - 2021
This paper studies how carbon pricing affects emissions, economic aggregates and inequality. Exploiting institutional features of the European carbon market and high-frequency data, I identify a carbon policy shock. I find that a tighter carbon pricing regime leads to a significant increase in...
Persistent link: https://www.econbiz.de/10013240180
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Permit markets, carbon prices and the creation of innovation clusters
Gersbach, Hans; Riekhof, Marie-Catherine - 2018 - This version: November 2018
Innovation clusters combining public and private effort to develop breakthrough technologies promise greater … construct a mechanism that leads to innovation clusters. It is a combination of low permit endowments for the country with the …
Persistent link: https://www.econbiz.de/10011944546
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Cap-and-Trade, Emissions Taxes, and Innovation
Scotchmer, Suzanne - 2014
limits innovation in a way that is avoided by a tax …
Persistent link: https://www.econbiz.de/10014199618