Carbon leakage revisited : unilateral climate policy under directed technical change

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Title: Carbon leakage revisited : unilateral climate policy under directed technical change
Authors: Di Maria, Corrado
Valente, Simone
Permanent link: http://hdl.handle.net/10197/858
Date: 2005
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
Keywords: Climate changeEndogenous technical changeInternational trade
Subject LCSH: Environmental policy
Technological innovations
International trade
Language: en
Status of Item: Not peer reviewed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
Appears in Collections:Architecture, Planning and Environmental Policy Research Collection

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