Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89696
Authors: 
Elsayyad, May
Morath, Florian
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper 4521
Abstract: 
This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the public good is costly because of irreversible damages. We show that, when all countries have access to the new technology, countries have an incentive to invest in technology because this can lead to an earlier contribution of other countries and therefore reduce a country's burden of contributing to the public good. Our results provide a rationale for the support of technology sharing initiatives.
Subjects: 
private provision of public goods
environmental public goods
technology sharing
uncertainty
irreversibility
JEL: 
H41
Q52
D62
D83
F53
Document Type: 
Working Paper

Files in This Item:
File
Size





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