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Numerous climate policy modeling studies that feature endogenous technical change (TC) have emerged in the literature, but their endogenous specifications tend to diverge with little consensus on the underlying process. To reconcile disparate modeling methods, this paper revisits the mechanism...
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This paper examines the effect of globalization, particularly international technology diffusion (TD), on China's domestic carbon savings. Building on a multi-region numerical model, this study considers both indigenous R&D and foreign TD as two sources of endogenous TC for domestic carbon...
Persistent link: https://www.econbiz.de/10013063469
This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon-intensive capital is not necessarily shut down during transition to a green economy. Without accumulating clean capital to offset carbon emissions, a tightening of climate regulation...
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