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Carbon leakage revisited : unilateral climate policy under directed technical change
Author(s)
Date Issued
2005
Date Available
11T14:22:00Z February 2009
Abstract
This paper analyzes the consequences of unilateral climate policy in the presence of directed technical change. We develop a dynamic two-country model in which two otherwise identical countries differ in their environmental policy: one of the countries enforces a (binding) cap on emissions while the other does not. Focusing on carbon leakage, we show how allowing for directed technical change significantly modifies the results obtained otherwise
Type of Material
Conference Publication
Publisher
European Association of Environmental and Resource Economists
Copyright (Published Version)
2005, European Association of Environmental and Resource Economists
Subject – LCSH
Environmental policy
Technological innovations
International trade
Language
English
Status of Item
Not peer reviewed
Conference Details
Paper presented at the 14th Annual Conference of the European Association of Environmental and Resource Economists, Bremen, Germany 23 - 26 June 2005
This item is made available under a Creative Commons License
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