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
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 10669
- Klassifikation
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Wirtschaft
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Environmental Economics: Technological Innovation
- Thema
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induced innovation
directed technological change
green innovation
- Ereignis
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Geistige Schöpfung
- (wer)
-
Dugoua, Eugenie
- Ereignis
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Veröffentlichung
- (wer)
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Center for Economic Studies and ifo Institute (CESifo)
- (wo)
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Munich
- (wann)
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2023
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dugoua, Eugenie
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2023