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This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
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We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel … mix. We find that higher carbon taxes and prices of permits in ETS reduce carbon emissions. An increase in carbon taxes by …
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