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We derive the optimal contributions to global climate policy when countries differ with respect to income level and pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical progress. We show that country heterogeneity has a...
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This paper examines convergence of per capita carbon dioxide (CO2) emission for a panel of 124 countries taking into … account the impact of the quality of government institutions. The analysis builds on both parametric and nonparametric panel …
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