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...

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...