Arbeitspapier
An integrated assessment model with endogenous growth
We introduce endogenous directed technical change into numerical integrated climate and development policy assessment. We distinguish expenditures on innovation (R&D) and imitation (international technology spillovers) and consider the role of capital investment in creating and implementing new technologies. Our main contribution is to calibrate and numerically solve the model and to examine the model's sensitivity. As an application, we assess a carbon budget-based climate policy and vary the beginning of energy-saving technology transfer. Accordingly, China is a main beneficiary of early technology transfer. Herein, our results highlight the importance of timely international technology transfer for efficiently meeting global emission targets. Most of the consumption gains from endogenous growth are captured in the baseline. Moreover, mitigation costs turn out to be insensitive to changes in most of the parameters of endogenous growth. A higher effectivity of energy-specific relative to labor-specific expenditures on innovation and imitation reduces mitigation costs, though.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 12-054
- Klassifikation
-
Wirtschaft
Macroeconomic Analyses of Economic Development
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Environment and Growth
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Exhaustible Resources and Economic Development
- Thema
-
endogenous growth
directed technical change
technology transfer
integrated assessment
carbon budget
China
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hübler, Michael
Baumstark, Lavinia
Leimbach, Marian
Edenhofer, Ottmar
Bauer, Nico
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hübler, Michael
- Baumstark, Lavinia
- Leimbach, Marian
- Edenhofer, Ottmar
- Bauer, Nico
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2012
Ähnliche Objekte (12)
Growth, Degrowth, or Green Growth? In Search of a Better Paradigm : Climate Lecture, Berlin, 3rd December 2012
Klimapolitik im globalen, europäischen und nationalen Rahmen : Workshop für Journalisten vor dem Klimagipfel in Doha, Potsdam, 01. November 2012
Deforestation, Land Taxes and Development
The Atmosphere as a Global Common: from a Tragedy to a Drama : Max-Planck Institute of Economics, Jena, 11 January 2012
Globale Klima- und Energiepolitik nach Durban : Osnabrück, 08. Mai 2012
Pokern um die Zukunft : Das Schicksal der Global Commons [[Elektronische Ressource]] : Hochschultage Ökosoziale Marktwirtschaft, TU Berlin, Berlin, 20. November 2012
On the Fiscal Strategies of Escaping Poverty-Environment Traps (and) Towards Sustainable Growth
Discretionary Intervention Destabilizes the EU Emissions Trading System: Evidence and Recommendations for a Rule-Based Cap Adjustment
The Globalization Paradox Revisited
The Calculus of Climate Policy. Carbon Pricing and Technology Policies for Climate Change Mitigation
Reframing International Climate Policy: Essays on Development Issues and Fragmented Regimes
Prices vs. quantities and the intertemporal dynamics of the climate rent
Growth, Degrowth, or Green Growth? In Search of a Better Paradigm : Climate Lecture, Berlin, 3rd December 2012
Klimapolitik im globalen, europäischen und nationalen Rahmen : Workshop für Journalisten vor dem Klimagipfel in Doha, Potsdam, 01. November 2012
Deforestation, Land Taxes and Development
The Atmosphere as a Global Common: from a Tragedy to a Drama : Max-Planck Institute of Economics, Jena, 11 January 2012
Globale Klima- und Energiepolitik nach Durban : Osnabrück, 08. Mai 2012
Pokern um die Zukunft : Das Schicksal der Global Commons [[Elektronische Ressource]] : Hochschultage Ökosoziale Marktwirtschaft, TU Berlin, Berlin, 20. November 2012
On the Fiscal Strategies of Escaping Poverty-Environment Traps (and) Towards Sustainable Growth
Discretionary Intervention Destabilizes the EU Emissions Trading System: Evidence and Recommendations for a Rule-Based Cap Adjustment
The Globalization Paradox Revisited
The Calculus of Climate Policy. Carbon Pricing and Technology Policies for Climate Change Mitigation
Reframing International Climate Policy: Essays on Development Issues and Fragmented Regimes
Prices vs. quantities and the intertemporal dynamics of the climate rent
Growth, Degrowth, or Green Growth? In Search of a Better Paradigm : Climate Lecture, Berlin, 3rd December 2012
Klimapolitik im globalen, europäischen und nationalen Rahmen : Workshop für Journalisten vor dem Klimagipfel in Doha, Potsdam, 01. November 2012
Deforestation, Land Taxes and Development
The Atmosphere as a Global Common: from a Tragedy to a Drama : Max-Planck Institute of Economics, Jena, 11 January 2012
Globale Klima- und Energiepolitik nach Durban : Osnabrück, 08. Mai 2012
Pokern um die Zukunft : Das Schicksal der Global Commons [[Elektronische Ressource]] : Hochschultage Ökosoziale Marktwirtschaft, TU Berlin, Berlin, 20. November 2012
On the Fiscal Strategies of Escaping Poverty-Environment Traps (and) Towards Sustainable Growth
Discretionary Intervention Destabilizes the EU Emissions Trading System: Evidence and Recommendations for a Rule-Based Cap Adjustment
The Globalization Paradox Revisited
The Calculus of Climate Policy. Carbon Pricing and Technology Policies for Climate Change Mitigation
Reframing International Climate Policy: Essays on Development Issues and Fragmented Regimes