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Measuring the Rate of Technological Progress in Structures

โœ Scribed by Michael Gort; Jeremy Greenwood; Peter Rupert


Book ID
112264531
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
144 KB
Volume
2
Category
Article
ISSN
1096-0929

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โœ Reyer Gerlagh ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 223 KB

In this paper, we analyze the value of induced technological change (ITC) for cutting the costs of reaching climate stabilization targets using techniques from the tax burden literature. First, ITC is valuable as it increases the elasticity of emissions with respect to carbon prices, and thereby it