International cooperation on climate-friendly technologies

Arbeitspapier

We examine international cooperation on technological development as a supplement to, or an alternative to, international cooperation on emission reductions. R&D should be increased beyond the non-cooperative level if (i) the technology level in one country is positively affected by R&D in other countries, (ii) the domestic carbon tax is lower than the Pigovian level, or (iii) the domestic carbon tax is set directly through an international tax agreement. A second-best technology agreement has higher R&D, higher emissions, or both compared with the first-best-outcome. The second-best subsidy always exceeds the subsidy under no international R&D cooperation. Further, when the price of carbon is the same in the second-best technology agreement and in the case without R&D cooperation, welfare is highest, R&D is highest and emissions are lowest in the second-best R&D agreement.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 2677

Classification and Topics

• Classification: Wirtschaft ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General ; Renewable Resources and Conservation: General ; Nonrenewable Resources and Conservation: Government Policy ; Energy: Government Policy ; Climate; Natural Disasters and Their Management; Global Warming
• Subject: climate policy ; international climate agreements ; R&D policy ; technology spillovers ; Klimaschutz ; Umwelttechnik ; Internationale technische Zusammenarbeit ; Forschungskooperation ; Umweltabkommen ; Forschungs- und Technologiepolitik ; Spillover-Effekt ; Umweltökonomik ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Golombek, Rolf ; Hoel, Michael
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/30581