Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2012
model that has been extensively applied to study the climate change mitigation. Our results suggest that climate policy …, the crowding out induced by climate policy is mitigated, thought not completely offset (indirect effect). The pollution … concern that effective climate policy is conditional on solid economic development and therefore it needs to be supplemented …