| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Carbon Leakage Revisited: Unilateral Climate Policy with Directed Technical Change | |
| Corrado Di Maria; Edwin van der Werf | |
| 发表日期 | 2006 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | A common critique to the Kyoto Protocol is that the reduction in emissions of CO2 by countries who comply with it will be (partly) offset by the increase in emissions on the part of other countries (carbon leakage). This paper analyzes the effect of technical change on carbon leakage in a two-country model where only one of the countries enforces an exogenous cap on emissions. Climate policy induces changes in relative prices, which cause carbon leakage through a terms-of-trade effect. However, these changes in relative prices in addition affect the incentives to innovate in different sectors. We allow entrepreneurs to choose the sector for which they innovate (directed technical change). This leads to a counterbalancing induced-technology effect, which always reduces carbon leakage. We therefore conclude that the leakage rates reported in the literature so far may be too high, as these estimates neglect the effect of relative price changes on the incentives to innovate. |
| 特色分类 | F18,O33,Q54,Q55 |
| 关键词 | Climate Policy,Carbon Leakage,Directed Technical Change,International Trade |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/carbon-leakage-revisited-unilateral-climate-policy-with-directed-technical-change/ |
| 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/117357 |
| 推荐引用方式 GB/T 7714 | Corrado Di Maria,Edwin van der Werf. Carbon Leakage Revisited: Unilateral Climate Policy with Directed Technical Change. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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