This paper provides a model-based macroeconomic assessment of First-Mover Advantage (FMA) in environmental technologies, in which a European sector becomes world leader and captures the global market for a particular technology. The E3MG model is used to assess a set of scenarios where the FMA...

Introduction -- A Market Approach -- Global Development and Climate Change: A Game Theory Approach -- On the Edge of Climate Change: In a Search of an Adequate Agent-Based Methodology to Model Environmental Dynamics -- Greenhouse Gas, Carbon Dioxide Emissions and Economic Growth: Empirical...

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...