Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63094 
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dc.contributor.authorHagem, Cathrineen
dc.date.accessioned2012-09-20T13:14:40Z-
dc.date.available2012-09-20T13:14:40Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/63094-
dc.description.abstractThe clean development mechanism (CDM) under the Kyoto Protocol may induce a technological change in developing countries. As an alternative to the CDM-regime, developing countries may accept a (generous) cap on their own emissions, let domestic producers invest in new efficient technologies, and sell the excess emission permits on the international permit market (cap&trade-regime). The purpose of this paper is to show how the gains from investment, and hence the incentive for investment in new technology may deviate between the two alternative regimes. We show that the difference in gains from investment depends on whether the producers face competitive or non-competitive output markets, whether the investment affects fixed or variable production costs and whether the producers can reduce emissions through other means than investment in new technology.en
dc.language.isoengen
dc.publisher|aUniversity of Oslo, Department of Economics |cOsloen
dc.relation.ispartofseries|aMemorandum |x2006,19en
dc.subject.jelL13en
dc.subject.jelQ28en
dc.subject.ddc330en
dc.subject.keywordClimate Policyen
dc.subject.keywordTechnology Adoptionen
dc.subject.keywordEmission Tradingen
dc.subject.keywordClean Development Mechanismen
dc.subject.keywordTechnological Changeen
dc.subject.stwDuopolen
dc.subject.stwKlimaschutzen
dc.subject.stwTechnischer Fortschritten
dc.subject.stwInnovationsdiffusionen
dc.subject.stwTheorieen
dc.subject.stwEmissionshandelen
dc.subject.stwClean Development Mechanismen
dc.titleClean development mechanism (CDM) vs. international permit trading - the impact on technological change-
dc.typeWorking Paperen
dc.identifier.ppn51827313Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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