Arbeitspapier

Induced Innovation and International Environmental Agreements: Evidence from the Ozone Regime

This paper revisits one of the rare success stories in global environmental cooperation: the Montreal Protocol and the phase-out of ozone-depleting substances. I show that the protocol increased science and innovation on alternatives to ozone-depleting substances, and argue that agreements can indeed be useful to solving global public goods problems. This contrasts with game-theoretical predictions that agreements occur only when costs to the players are low, and with the often-heard narrative that substitutes were readily available. I reconcile theory and empirics by discussing the role of induced innovation in models of environmental agreements.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 10669

Klassifikation
Wirtschaft
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Environmental Economics: Technological Innovation
Thema
induced innovation
directed technological change
green innovation

Ereignis
Geistige Schöpfung
(wer)
Dugoua, Eugenie
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:44 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dugoua, Eugenie
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2023

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