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Innovative Activity in Wind and Solar Technology: Empirical Evidence on Knowledge Spillovers Using Patent Data

Braun, Frauke G; Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2010

This paper studies technological change in renewable energies, providing empirical evidence on the determinants of innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy technologies wind and solar across a panel of 21 OECD...

Persistent link: https://www.econbiz.de/10008468596

Vog: Using Volcanic Eruptions to Estimate the Health Costs of Particulates and SO2

De Paula, Áureo; Halliday, Timothy J.; Lynham, John - C.E.P.R. Discussion Papers - 2015

Kilauea volcano is the largest stationary source of SO2 pollution in the United States of America. Moreover, the SO2 that the volcano emits eventually forms particulate matter, another major pollutant. We use this exogenous source of pollution variation to estimate the impact of particulate...

Persistent link: https://www.econbiz.de/10011252621

Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies

Hemous, David - C.E.P.R. Discussion Papers - 2013

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...

Persistent link: https://www.econbiz.de/10011084402

Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action

Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2009

This paper builds on the assumption that OECD countries are (or will soon be) taking actions to reduce their greenhouse gas emissions. These actions, however, will not be sufficient to control global warming, unless developing countries also get involved in the cooperative effort to reduce GHG...

Persistent link: https://www.econbiz.de/10004964422

Intergenerational inequality aversion, growth and the role of damages: Occam’s rule for the global carbon tax

Rezai, Armon; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2014

We use the Euler equation to put forward a back-on-the-envelope rule for the global carbon tax based on a two-box carbon cycle with temperature lag, and a constant elasticity of marginal damages with respect to GDP. This tax falls with time impatience and intergenerational inequality aversion...

Persistent link: https://www.econbiz.de/10011096102

Abandoning Fossil Fuel: How Fast And How Much?

Rezai, Armon; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2014

Climate change must deal with two market failures, global warming and learning by doing in renewable use. The social optimum requires an aggressive renewables subsidy in the near term and a gradually rising carbon tax which falls in long run. As a result, more renewables are used relative to...

Persistent link: https://www.econbiz.de/10011084685

The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond

Carraro, Carlo; Longden, Thomas; Marangoni, Giacomo; … - C.E.P.R. Discussion Papers - 2013

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...

Persistent link: https://www.econbiz.de/10011084042

Should a Carbon Tax be Differentiated Across Sectors?

Hoel, Michael - C.E.P.R. Discussion Papers - 1994

.The paper shows that a carbon tax should not be differentiated across sectors in the economy, provided import and export tariffs … cooperating countries if they are prevented from using tariffs on the traded goods. Informational or political factors … constraining the use of tariffs are also likely to constrain the possibility of differentiating carbon taxes between sectors …

Persistent link: https://www.econbiz.de/10005498029

Intermodal and Intramodal Competition in Passenger Rail Transport

Ivaldi, Marc; Vibes, Catherine - C.E.P.R. Discussion Papers - 2005

The objective of the paper is to elaborate a simulation model to analyse inter and intra-modal competition in the transport industry, based on game theory models. In our setting, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on...

Persistent link: https://www.econbiz.de/10005656264

Specific Knowledge and Performance Measurement

Raith, Michael - C.E.P.R. Discussion Papers - 2004

This Paper examines optimal incentives and performance measurement in a setting where an agent has specific knowledge about the consequences of their actions for the principal. I study incentive contracts in which the agent’s compensation can be based on both ‘input’ measures closely...

Persistent link: https://www.econbiz.de/10005504471