TECHNOLOGY TRANSFERS FOR CLIMATE CHANGE

• 成果类型: Article
• 署名作者: Elsayyad, May; Morath, Florian
• 署名单位: Max Planck Society; Goethe University Frankfurt
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12185
• 发表日期: 2016
• 页码: 1057-1084
• 关键词: international environmental agreements; private provision; option value; uncertainty; irreversibility; NEGOTIATIONS; INVESTMENT; emissions; adoption; POLICY

摘要

This article considers the transfer of cost-reducing technology in the context of contributions to climate protection. We analyze a two-period public goods model where later contributions can be based on better information, but delaying the mitigation effort is costly because of irreversible damages. Investments in technology affect the countries' timing of contributing. We show that countries have an incentive to provide cost-reducing technology as this can lead to an earlier contribution of other countries and can therefore reduce a country's burden of contributing to the public good. Our results provide a rationale for the support of technology sharing initiatives.