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dc.contributor.authorHübler, Michaelen_US
dc.contributor.authorBaumstark, Laviniaen_US
dc.contributor.authorLeimbach, Marianen_US
dc.contributor.authorEdenhofer, Ottmaren_US
dc.contributor.authorBauer, Nicoen_US
dc.date.accessioned2012-11-06en_US
dc.date.accessioned2012-11-08T16:16:34Z-
dc.date.available2012-11-08T16:16:34Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/66110-
dc.description.abstractWe introduce endogenous directed technical change into numerical integrated climate and development policy assessment. We distinguish expenditures on innovation (R&D) and imitation (international technology spillovers) and consider the role of capital investment in creating and implementing new technologies. Our main contribution is to calibrate and numerically solve the model and to examine the model's sensitivity. As an application, we assess a carbon budget-based climate policy and vary the beginning of energy-saving technology transfer. Accordingly, China is a main beneficiary of early technology transfer. Herein, our results highlight the importance of timely international technology transfer for efficiently meeting global emission targets. Most of the consumption gains from endogenous growth are captured in the baseline. Moreover, mitigation costs turn out to be insensitive to changes in most of the parameters of endogenous growth. A higher effectivity of energy-specific relative to labor-specific expenditures on innovation and imitation reduces mitigation costs, though.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-054en_US
dc.subject.jelO11en_US
dc.subject.jelO30en_US
dc.subject.jelO44en_US
dc.subject.jelO47en_US
dc.subject.jelQ32en_US
dc.subject.ddc330en_US
dc.subject.keywordendogenous growthen_US
dc.subject.keyworddirected technical changeen_US
dc.subject.keywordtechnology transferen_US
dc.subject.keywordintegrated assessmenten_US
dc.subject.keywordcarbon budgeten_US
dc.subject.keywordChinaen_US
dc.titleAn integrated assessment model with endogenous growthen_US
dc.typeWorking Paperen_US
dc.identifier.ppn729304612en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12054-
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ZEW Discussion Papers

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