Carbon pricing, technology transition, and skill-based development

Arbeitspapier

We analyze the impact of carbon prices on human capital accumulation, sectoral change, and economic growth. In our framework output is produced with dirty and/or clean technologies using skilled and unskilled labor as inputs. Carbon policy affects technology selection which transmits incentives for human capital formation. We show that a temporary policy may be sufficient for a transition to a clean economy and that such a policy also stimulates economic growth. Moreover, in the presence of inter-country knowledge spillovers, a carbon policy in the North helps human capital formation in the South and induces South's transition to the clean steady state.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Economics Working Paper Series ; No. 18/285

Classification and Topics

• Classification: Wirtschaft ; Energy and the Macroeconomy ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence ; Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth ; One, Two, and Multisector Growth Models
• Subject: Carbon pricing ; education ; clean and dirty technologies ; temporary policies

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Borissov, Kirill ; Bretschger, Lucas ; Vinogradova, Alexandra
• Event: Veröffentlichung
• (who): ETH Zurich, CER-ETH - Center of Economic Research
• (where): Zurich
• (when): 2018

Further information

• DOI: doi:10.3929/ethz-b-000235691
• Handle: http://hdl.handle.net/10419/179447
• Last update: 10.03.2025, 11:42 AM CET