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来源类型 | Working papers |
规范类型 | 论文 |
DOI | 10.3929/ethz-a-009992267 |
Optimum growth and carbon policies with lags in the climate system | |
Bretschger, Lucas; Karydas, Christos | |
发表日期 | 2013-11 |
出版者 | ETH Zurich, Center of Economic Research (CER-ETH) |
出版年 | 2013 |
语种 | 英语 |
摘要 | We study the effects of greenhouse gas emissions on optimum growth and environmental policy by using an expansion-in-varieties growth model with polluting non-renewable resources. Climate change harms the capital stock. Our main contribution is to introduce and extensively explore the naturally determined time lag between greenhouse gas emission and the damages due to climate change which proves to be crucial for the transition of the economy towards its steady state. The social optimum and optimal abatement policies are fully characterized. The inclusion of a green technology delays optimal resource extraction. The optimal tax rate on emissions is proportional to output. Poor understanding of the emissions diffusion process leads to suboptimal carbon taxes and suboptimal growth and resource extraction. |
主题 | Non-Renewable Resource Extraction ; Climate Policy ; Optimum Growth ; Pollution Diffusion lag. |
URL | https://www.research-collection.ethz.ch/handle/20.500.11850/339423 |
来源智库 | Centre for Energy Policy and Economics (Switzerland) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/266726 |
推荐引用方式 GB/T 7714 | Bretschger, Lucas,Karydas, Christos. Optimum growth and carbon policies with lags in the climate system. 2013. |
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 | ||
eth-7490-01.pdf(3137KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
eth-7490-01.jpg(3KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 |
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