Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/38986
Authors: 
Massetti, Emanuele
Nicita, Lea
Year of Publication: 
2010
Series/Report no.: 
CESifo working paper Energy and Climate Economics 2988
Abstract: 
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy sector, we show that the combination between environmental and knowledge externalities provides a strong rationale for implementing a portfolio of policies for both emissions reduction and the internalisation of knowledge externalities. Moreover, we show that implementing technology policy as a substitute for stabilisation policy is likely to increase global emissions.
Subjects: 
technical change
climate change
development
innovation
spillovers
JEL: 
C72
H23
Q25
Q28
O31
O41
Q54
Document Type: 
Working Paper

Files in This Item:
File
Size
271.39 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.