G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Climate Policy under Technology Spillovers
Michael Hoel; Rolf Golombek
发表日期2003
出处Climate Change and Sustainable Development
出版年2003
语种英语
摘要We study climate policy when there are technological spillovers between countries, and there is no instrument that (directly) corrects for these externalities. The non-cooperative equilibrium depends on whether countries use tradable quotas or carbon taxes as their environmental policy instruments. All countries are better off in the tax case than in the quota case. Two types of international climate agreements are studied: One is a Kyoto type of agreement where each country is assigned a specific number of internationally tradable quotas. In the second type of agreement a common carbon tax is used domestically in all countries. None of the cases satisfy the conditions for the social optimum. Even if the quota price is equal to the Pigovian level, R&D investments will be lower than what is socially optimal in the Kyoto case, whereas with a harmonized domestic carbon tax R&D expenditures could even be too high.
特色分类O30;H23;Q20;Q28;Q48
关键词Climate policy,international environmental agreements,R&D,technology spillovers
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/climate-policy-under-technology-spillovers/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116866
推荐引用方式
GB/T 7714
Michael Hoel,Rolf Golombek. Climate Policy under Technology Spillovers. 2003.
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