| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| The Environment and Directed Technical Change: Comment |
| Jean-Charles Hourcade; Antonin Pottier; Etienne Espagne
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| 发表日期 | 2011
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2011
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| 语种 | 英语
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| 摘要 | This paper discusses the growth model with environmental constraints recently presented in (Acemoglu et al., 2011) which focuses on the redirection of technical change by climate policies with research subsidies and a carbon tax. First, Acemoglu et al.'s model and chosen parameters yield numerical results that do not support the conclusion that ambitious climate policies can be conducted “without sacrificing (much or any) long-run growth”. Second, they select unrealistic key parameters for carbon sinks and elasticity of substitution. We find that more realistic parameters lead to very different results. Third, the model leads to an unrealistic conclusion when used to analyse endogenous growth, suggesting specification problems. |
| 特色分类 | O30,O33,Q43,Q54,Q56
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| 关键词 | Technological Change
Endogenous Growth
Climate
Energy Substitutability
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-environment-and-directed-technical-change-comment/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117937
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推荐引用方式
GB/T 7714 |
Jean-Charles Hourcade,Antonin Pottier,Etienne Espagne. The Environment and Directed Technical Change: Comment. 2011.
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201112231537234NDL2011-095.pdf
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