On the Timing of ClimateAgreements
dc.contributor.author | Schmidt, Robert | |
dc.contributor.author | Strausz, Roland | |
dc.date.accessioned | 2017-06-16T01:04:47Z | |
dc.date.available | 2017-06-16T01:04:47Z | |
dc.date.created | 2014-09-12 | |
dc.date.issued | 2014-09-05 | |
dc.date.submitted | 2014-09-05 | |
dc.identifier.issn | 1860-5664 | |
dc.identifier.uri | http://edoc.hu-berlin.de/18452/5183 | |
dc.description.abstract | A central issue in climate policy is the question whether long-term targets for green- house gas emissions should be adopted. This paper analyzes strategic effects related to the timing of such commitments. Using a two-country model, we identify a redistributive effect that undermines long-term cooperation when countries are asymmetric and side payments are unavailable. The effect enables countries to shift rents strategically via their R&D efforts under delayed cooperation. In contrast, a complementarity effect stabi- lizes long-term cooperation, because early commitments in abatement induce countries to invest more in low-carbon technologies, and create additional knowledge spillovers. Con- trasting both effects, we endogenize the timing of climate agreements. | eng |
dc.language.iso | eng | |
dc.publisher | Humboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät | |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | |
dc.subject | climate treaty | eng |
dc.subject | abatement | eng |
dc.subject | long-term cooperation | eng |
dc.subject | spillover | eng |
dc.subject | strategic delay | eng |
dc.subject.ddc | 310 Sammlungen allgemeiner Statistiken | |
dc.subject.ddc | 330 Wirtschaft | |
dc.title | On the Timing of ClimateAgreements | |
dc.type | workingPaper | |
dc.identifier.urn | urn:nbn:de:kobv:11-100220220 | |
dc.identifier.doi | http://dx.doi.org/10.18452/4531 | |
local.edoc.pages | 43 | |
local.edoc.type-name | Diskussionspapier | |
local.edoc.container-type | series | |
local.edoc.container-type-name | Schriftenreihe | |
local.edoc.container-year | 2014 | |
dc.identifier.zdb | 2195055-6 | |
bua.series.name | Sonderforschungsbereich 649: Ökonomisches Risiko | |
bua.series.issuenumber | 2014,44 |