کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
985563 1480683 2014 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Sharing R&D investments in cleaner technologies to mitigate climate change
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی انرژی (عمومی)
پیش نمایش صفحه اول مقاله
Sharing R&D investments in cleaner technologies to mitigate climate change
چکیده انگلیسی


• Participation increases as the degree of spillovers goes down.
• Participation decreases with the number of countries.
• The minimum participation in a technology agreement consists of three countries.
• The maximum participation consists of six countries.

This paper examines international cooperation on technological development as an alternative to international cooperation on GHG emission reductions. It is assumed that when countries cooperate they coordinate their investments so as to minimize the agreement costs of controlling emissions. Further it is assumed that in such cases they also pool their R&D efforts so as to fully internalize the spillover effects of their investments in R&D. In order to analyze the scope of cooperation, an agreement formation game is solved in three stages. First, countries decide whether or not to sign the agreement. Then, in the second stage, signatories (playing together) and non-signatories (playing individually) select their investment in R&D. Finally, in the third stage, each country decides on its level of emissions non-cooperatively. For linear environmental damages and quadratic investment costs, our findings show that the maximum participation in a R&D agreement consists of six countries and that participation decreases as spillover effects increase until a minimum participation consisting of three countries is reached.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Resource and Energy Economics - Volume 38, November 2014, Pages 168–180
نویسندگان
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