Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63094
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dc.contributor.authorHagem, Cathrineen_US
dc.date.accessioned2012-09-20T13:14:40Z-
dc.date.available2012-09-20T13:14:40Z-
dc.date.issued2006en_US
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_US
dc.language.isoengen_US
dc.publisher|aDep. of Economics, Univ. of Oslo |cOsloen_US
dc.relation.ispartofseries|aMemorandum, Department of Economics, University of Oslo |x2006,19en_US
dc.subject.jelL13en_US
dc.subject.jelQ28en_US
dc.subject.ddc330en_US
dc.subject.keywordClimate Policyen_US
dc.subject.keywordTechnology Adoptionen_US
dc.subject.keywordEmission Tradingen_US
dc.subject.keywordClean Development Mechanismen_US
dc.subject.keywordTechnological Changeen_US
dc.subject.stwDuopolen_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwTechnischer Fortschritten_US
dc.subject.stwInnovationsdiffusionen_US
dc.subject.stwTheorieen_US
dc.subject.stwEmissionshandelen_US
dc.subject.stwClean Development Mechanismen_US
dc.titleClean development mechanism (CDM) vs. international permit trading - the impact on technological changeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn51827313Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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