| 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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| Sharing R&D Investments in Breakthrough Technologies to Control Climate Change |
| Santiago J. Rubio
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| 发表日期 | 2016
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| 出处 | Mitigation, Innovation and Transformation Pathways
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| 出版年 | 2016
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| 语种 | 英语
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| 摘要 | This paper examines international cooperation on technological development as an alternative to international cooperation on GHG emission reductions. In order to analyze the scope of cooperation, a three-stage technology agreement formation game is solved. First, countries decide whether or not to sign up to the agreement. Then, in the second stage, the signatories (playing together) and the non-signatories (playing individually) select their investment in R&D. In this stage, it is assumed that the signatories not only coordinate their levels of R&D investment but also pool their R&D efforts to fully internalize the spillovers of their investment in innovation. Finally, in the third stage, each country decides non-cooperatively upon its level of energy production. Emissions depend on the decisions made regarding investment and production. If a country decides to develop a breakthrough technology in the second stage, its emissions will be zero in the third stage. For linear environmental damages and quadratic investment costs, the grand coalition is stable if marginal damages are large enough to justify the development of a breakthrough technology that eliminates emissions completely, and if technology spillovers are not very important.
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Suggested citation: Rubio, Santiago J., (2016), 'Sharing R&D Investments in Breakthrough Technologies to Control Climate Change', Nota di Lavoro 2.2016, Milan, Italy: Fondazione Eni Enrico Mattei |
| 特色分类 | D74;F53;H41;Q54;Q55
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| 关键词 | International Environmental Agreements
R&D Investment
Technology
Spillovers
Breakthrough Technologies
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/sharing-r-d-investments-in-breakthrough-technologies-to-control-climate-change/
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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/118455
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推荐引用方式
GB/T 7714 |
Santiago J. Rubio. Sharing R&D Investments in Breakthrough Technologies to Control Climate Change. 2016.
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