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- W1550178437 abstract "We examine the impact of technological change on the stability of climate coalitions and explore how international cooperation on abatement affects the incentives of signatories to invest in R&D to reduce emissions. We compare the case of no technological change with exogenous technological change and induced technological change. In the latter case R&D investments are endogenous. We find that the highest equilibrium pay-offs are achieved in the case of induced technological change. Furthermore, the formation of a climate coalition boosts R&D investments in carbon abatement technologies in signatory countries." @default.
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- W1550178437 date "2011-08-01" @default.
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- W1550178437 title "INTERNATIONAL CLIMATE AGREEMENTS UNDER INDUCED TECHNOLOGICAL CHANGE" @default.
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- W1550178437 doi "https://doi.org/10.1111/j.1467-999x.2011.04132.x" @default.
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