G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9733
DP9733 Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies
David Hemous
发表日期2013-11-10
出版年2013
语种英语
摘要This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a temporary Northern policy combining clean research subsidies and a trade tax can ensure sustainable growth but Northern carbon taxes alone cannot. Trade and directed technical change accelerate environmental degradation either under laissez-faire or if the North implements carbon taxes, yet both help reduce environmental degradation under the appropriate unilateral policy. I characterize the optimal unilateral policy analytically and numerically using calibrated simulations.
主题International Macroeconomics ; International Trade and Regional Economics
关键词Climate change Directed technical change Environment Innovation Trade Unilateral policy
URLhttps://cepr.org/publications/dp9733
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/538569
推荐引用方式
GB/T 7714
David Hemous. DP9733 Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies. 2013.
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