Buonanno, Paolo; Carraro, Carlo; Castelnuovo, Efrem; … - C.E.P.R. Discussion Papers - 2000
In this paper we use a simple climate model with endogenous environmental technical change in order to analyse the … is obtained by incorporating in Nordhaus and Yang (1996)’s RICE model and the notion of induced technical change as … environmental technical change that could be enhanced by the presence of ceilings on trading. However, this effect is shown to be …