Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/118011
Authors: 
Gerlagh, Reyer
Hofkes, Marjan W.
Year of Publication: 
2004
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 139.2004
Abstract: 
We develop an economic model for fossil-fuel and carbon-free energy supply and demand with capital and labor as production factors, and endogenous technological change through learning by research and learning by doing. We use the model to study inter-temporally efficient carbon taxes for climate stabilization targets. Calculations show an inverted U-curve with an initial rise of carbon-taxes that sets in motion the transition from fossil-fuels to carbon-free energy sources, followed by a drop in carbon taxes when the carbon-free energy sources have grown mature.
Subjects: 
Induced technological change
Environmental taxes
Partial equilibrium
Learning by doing
JEL: 
H23
O31
O41
Q42
Q43
Document Type: 
Working Paper

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