Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/123171 
Year of Publication: 
2015
Series/Report no.: 
CESifo Working Paper No. 5548
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Theoretical analysis and empirical evidence show that leadership behavior in climate policy through increased abatement efforts or international transfers cannot be expected to be very successful. In this paper we instead show that pioneering activities, which are based on green technological innovations carried out by a coalition of countries, may be a better approach for combatting global warming through unilateral action. In particular, we examine in an otherwise standard model of private public good supply how the success of such a policy depends on the intensity and scope of technological spillovers.
Subjects: 
climate policy
green technological innovations
voluntary public good provision
leadership
JEL: 
H41
H87
O31
Q54
Q55
Document Type: 
Working Paper
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