| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| How Does Climate Policy Affect Technical Change? An Analysis of the Direction and Pace of Technical Progress in a Climate-Economy Model | |
| Lea Nicita; Carlo Carraro; Emanuele Massetti | |
| 发表日期 | 2009 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | This paper analyses whether and how a climate policy designed to stabilize greenhouse gases in the atmosphere is likely to change the direction and pace of technical progress. The analysis is performed using an upgraded version of WITCH, a dynamic integrated regional model of the world economy. In this version, a non-energy R&D Sector, which enhances the productivity of the capital-labor aggregate, has been added to the energy R&D sector included in the original WITCH model. We find that, as a consequence of climate policy, R&D is re-directed towards energy knowledge. Nonetheless, total R&D investments decrease, due to a more than proportional contraction of non-energy R&D. Indeed, when non-energy and energy inputs are weakly substitutable, the overall contraction of the economic activity associated with a climate policy induces a decline in total R&D investments. However, enhanced investments in energy R&D and in the energy sector are found not to "crowd-out" investments in non-energy R&D. Suggested citation: Carlo Carraro, Emanuele Massetti, Lea Nicita, How Does Climate Policy Affect Technical Change? An Analysis of the Direction and Pace of Technical Progress in a Climate-Economy Model, The Quarterly Journal of the IAEE's Energy Economics Education Foundation, Volume 30, Special Issue N. 2, http://www.iaee.org/en/publications/ejarticle.aspx?id=2346 |
| 特色分类 | C72,H23,Q25,Q28 |
| 关键词 | Technical Change,Climate Policy,Stabilization Cost,R&D Investments |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/how-does-climate-policy-affect-technical-change-an-analysis-of-the-direction-and-pace-of-technical-progress-in-a-climate-economy-model/ |
| 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/117686 |
| 推荐引用方式 GB/T 7714 | Lea Nicita,Carlo Carraro,Emanuele Massetti. How Does Climate Policy Affect Technical Change? An Analysis of the Direction and Pace of Technical Progress in a Climate-Economy Model. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2009-008.pdf（301KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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