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International climate agreements under induced technological change
Umeå University, Faculty of Social Sciences, Department of Economics.
2011 (English)In: Metroeconomica, ISSN 0026-1386, E-ISSN 1467-999X, Vol. 62, no 4, 612-634 p.Article in journal (Refereed) Published
Abstract [en]

We examine the impact of technological change on the stability of climate coalitions and explore how international cooperation on abatement affects the incentives of signatories to invest in R&D to reduce emissions. We compare the case of no technological change with exogenous technological change and induced technological change. In the latter case R&D investments are endogenous. We find that the highest equilibrium pay-offs are achieved in the case of induced technological change. Furthermore, the formation of a climate coalition boosts R&D investments in carbon abatement technologies in signatory countries.

Place, publisher, year, edition, pages
Wiley , 2011. Vol. 62, no 4, 612-634 p.
National Category
Economics
Research subject
biology, Environmental Science
Identifiers
URN: urn:nbn:se:umu:diva-45136DOI: 10.1111/j.1467-999X.2011.04132.xOAI: oai:DiVA.org:umu-45136DiVA: diva2:426159
Available from: 2011-06-22 Created: 2011-06-22 Last updated: 2017-12-11Bibliographically approved

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CiteExportLink to record
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