G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7403
DP7403 Aging Nations and the Future of Cities
Jacques-François Thisse; Carl Gaigné
发表日期2009-08-09
出版年2009
语种英语
摘要This paper builds on the assumption that OECD countries are (or will soon be) taking actions to reduce their greenhouse gas emissions. These actions, however, will not be sufficient to control global warming, unless developing countries also get involved in the cooperative effort to reduce GHG emissions. This paper investigates the best short-term strategies that emerging economies can adopt in reacting to OECD countries? mitigation effort, given the common long-term goal to prevent excessive warming without hampering economic growth. Results indicate that developing countries would incur substantial economic losses by following a myopic strategy that disregards climate in the short-run, and that their optimal investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead of time is also found to be advantageous. The degree of policy anticipation is shown to be important in determining the financial transfers of an international carbon market meant to provide incentives for the participation of developing countries. This is especially relevant for China, whose recent and foreseeable trends of investments in innovation are consistent with the adoption of domestic emission reduction obligations in 2030.
主题International Trade and Regional Economics
关键词Energy-economy modeling Climate policy Developing countries
URLhttps://cepr.org/publications/dp7403
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536240
推荐引用方式
GB/T 7714
Jacques-François Thisse,Carl Gaigné. DP7403 Aging Nations and the Future of Cities. 2009.
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