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Endogenous induced technical change and the costs of Kyoto

✍ Scribed by Paolo Buonanno; Carlo Carraro; Marzio Galeotti


Book ID
117629145
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
465 KB
Volume
25
Category
Article
ISSN
0928-7655

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Two stylized backstop systems with endogenous technological learning (ETL) are introduced in the ''model for evaluating regional and global effects'' (MERGE): one for the electric and the other for the non-electric markets. Then the model is applied to analyze the impacts of ETL on carbon-mitigation