Climate Policy without Commitment
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Rolf Golombek & Mads Greaker & Michael Hoel, 2010. "Climate Policy without Commitment," CESifo Working Paper Series 2909, CESifo.
References listed on IDEAS
- Jones, Charles I & Williams, John C, 2000.
"Too Much of a Good Thing? The Economics of Investment in R&D,"
Journal of Economic Growth, Springer, vol. 5(1), pages 65-85, March.
- Charles I. Jones & John C. Williams, "undated". "Too Much of a Good Thing? The Economics of Investment in R&D," Working Papers 95006, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, "undated". "Too Much of a Good Thing? The Economics of Investment in R&D," Working Papers 96005, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1999. "Too Much of a Good Thing? The Economics of Investment in R&D," NBER Working Papers 7283, National Bureau of Economic Research, Inc.
- Charles I. Jones & John C. Williams, 1995. "Too much of a good thing? The economics of investment in R&D," Finance and Economics Discussion Series 95-39, Board of Governors of the Federal Reserve System (U.S.).
- Jones, C-I & Williams, J-C, 1996. "Too Much of a Good Thing? The Economics of Investment in R&D," Papers 538, Harvard - Institute for International Development.
- Charles I. Jones & John C. Williams, 1999. "Too Much of a Good Thing? The Economics of Investment in R&D"," Working Papers 99015, Stanford University, Department of Economics.
- Karp, Larry & Tsur, Yacov, 2011.
"Time perspective and climate change policy,"
Journal of Environmental Economics and Management, Elsevier, vol. 62(1), pages 1-14, July.
- Karp, Larry S. & Tsur, Yacov, 2008. "Time perspective and climate change policy," CUDARE Working Papers 42848, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Karp, Larry & Tsur, Yacov, 2008. "Time perspective and climate change policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt04k4b21g, Department of Agricultural & Resource Economics, UC Berkeley.
- Mads Greaker & Lise-Lotte Pade, 2008. "Optimal CO2 abatement and technological change. Should emission taxes start high in order to spur R&D?," Discussion Papers 548, Statistics Norway, Research Department.
- G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
- Buchanan, James M, 1969. "External Diseconomies, Corrective Taxes, and Market Structure," American Economic Review, American Economic Association, vol. 59(1), pages 174-177, March.
- Karp, Larry & Tsur, Yacov, 2011.
"Time perspective and climate change policy,"
Journal of Environmental Economics and Management,
Elsevier, vol. 62(1), pages 1-14, July.
- Karp, Larry & Tsur, Yacov, 2008. "Time perspective and climate change policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt04k4b21g, Department of Agricultural & Resource Economics, UC Berkeley.
- Reyer Gerlagh & Snorre Kverndokk & Knut Rosendahl, 2009. "Optimal Timing of Climate Change Policy: Interaction Between Carbon Taxes and Innovation Externalities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(3), pages 369-390, July.
- Gerlagh, R. & Kverndokk, S. & Rosendahl, K.E., 2009. "Optimal timing of climate change policy : Interaction between carbon taxes and innovation externalities," Other publications TiSEM 4312dde8-f323-4ee2-9764-a, Tilburg University, School of Economics and Management.
- Downing, Paul B. & White, Lawrence J., 1986. "Innovation in pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 13(1), pages 18-29, March.
- Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, April.
- Goulder, Lawrence H. & Mathai, Koshy, 2000. "Optimal CO2 Abatement in the Presence of Induced Technological Change," Journal of Environmental Economics and Management, Elsevier, vol. 39(1), pages 1-38, January.
- Till Requate, 2005. "Timing and Commitment of Environmental Policy, Adoption of New Technology, and Repercussions on R&D," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 31(2), pages 175-199, June.
- -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June. Full references (including those not matched with items on IDEAS)
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:- Lambertini, Luca & Poyago-Theotoky, Joanna & Tampieri, Alessandro, 2017.
"Cournot competition and “green” innovation: An inverted-U relationship,"
Energy Economics, Elsevier, vol. 68(C), pages 116-123.
- Luca Lambertini & Joanna Poyago-Theotoky & Alessandro Tampieri, 2014. "Cournot Competition and "Green" Innovation: An Inverted-U Relationship," DEM Discussion Paper Series 14-20, Department of Economics at the University of Luxembourg.
- Lambertini, Luca & Poyago-Theotoky, Joanna & Tampieri, Alessandro, 2015. "Cournot Competition and "Green" Innovation: An Inverted-U Relationship," Climate Change and Sustainable Development 207397, Fondazione Eni Enrico Mattei (FEEM).
- Luca Lambertini & Joanna Poyago-Theotoky & Alessandro Tampieri, 2015. "Cournot Competition and "Green" Innovation: An Inverted-U Relationship," Working Papers 2015.73, Fondazione Eni Enrico Mattei.
- Luca Lambertini & Joanna Poyago-Theotoky & Alessandro Tampieri, 2015. "Cournot Competition and "Green" Innovation: An Inverted-U Relationship," Working Paper series 15-21, Rimini Centre for Economic Analysis.
- L. Lambertini & J. Poyago-Theotoky & A. Tampieri, 2014. "Cournot Competition and Green Innovation: An Inverted-U Relationship," Working Papers wp951, Dipartimento Scienze Economiche, Universita' di Bologna.
- Fernández, Jorge & Miller, Sebastián J., 2011.
"When Should Developing Countries Announce Their Climate Policy?,"
IDB Publications (Working Papers)
3960, Inter-American Development Bank.
- Jorge Fernandez & Sebastian Miller, 2011. "When Should Developing Countries Announce Their Climate Policy?," Research Department Publications 4755, Inter-American Development Bank, Research Department.
- Alistair Ulph & David Ulph, 2011. "Optimal Climate Change Policies When Governments Cannot Commit," Discussion Paper Series, School of Economics and Finance 201104, School of Economics and Finance, University of St Andrews.
- Alistair Ulph & David Ulph, 2013. "Optimal Climate Change Policies When Governments Cannot Commit," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(2), pages 161-176, October.
- Lambertini, Luca & Pignataro, Giuseppe & Tampieri, Alessandro, 2020.
"The effects of environmental quality misperception on investments and regulation,"
International Journal of Production Economics, Elsevier, vol. 225(C).
- Luca Lambertini & Giuseppe Pignataro & Alessandro Tampieri, 2015. "The effect of Environmental Quality Misperception on Investments and Regulation," DEM Discussion Paper Series 15-01, Department of Economics at the University of Luxembourg.
- Michielsen, Thomas O., 2014. "Brown backstops versus the green paradox," Journal of Environmental Economics and Management, Elsevier, vol. 68(1), pages 87-110.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Golombek Rolf & Greaker Mads & Hoel Michael, 2010. "Carbon Taxes and Innovation without Commitment," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-21, April.
- Fernández, Jorge & Miller, Sebastián J., 2011.
"When Should Developing Countries Announce Their Climate Policy?,"
IDB Publications (Working Papers)
3960, Inter-American Development Bank.
- Jorge Fernandez & Sebastian Miller, 2011. "When Should Developing Countries Announce Their Climate Policy?," Research Department Publications 4755, Inter-American Development Bank, Research Department.
- Grimaud, André & Lafforgue, Gilles & Magné, Bertrand, 2011.
"Climate change mitigation options and directed technical change: A decentralized equilibrium analysis,"
Resource and Energy Economics, Elsevier, vol. 33(4), pages 938-962.
- GRIMAUD André & LAFFORGUE Gilles & MAGNE Bertrand, 2008. "Climate change mitigation options and directed technical change: A decentralized equilibrium analysis," LERNA Working Papers 08.10.254, LERNA, University of Toulouse.
- Grimaud, André & Lafforgue, Gilles & Magné, Bertrand, 2009. "Climate Change Mitigation Options and Directed Technical Change: A Decentralized Equilibrium Analysis," TSE Working Papers 09-063, Toulouse School of Economics (TSE).
- André Grimaud & Gilles Lafforgue & Bertrand Magné, 2009. "Climate Change Mitigation Options and Directed Technical Change: A Decentralized Equilibrium Analysis," CESifo Working Paper Series 2875, CESifo.
- GRIMAUD Andre & LAFFORGUE Gilles & MAGNE Bertrand, 2009. "Climate change mitigation options and directed technical change: A decentralized equilibrium analysis," LERNA Working Papers 09.20.296, LERNA, University of Toulouse.
- Grimaud, André & Lafforgue, Gilles & Magné, Bertrand, 2008. "Climate Change Mitigation Options and Directed Technical Change: A Decentralized Equilibrium Analysis," IDEI Working Papers 510, Institut d'Économie Industrielle (IDEI), Toulouse, revised Nov 2009.
- Greaker, Mads & Hoel, Michael, 2011.
"Incentives for environmental R&D,"
Memorandum
15/2011, Oslo University, Department of Economics.
- Mads Greaker & Michael Hoel, 2011. "Incentives for Environmental R&D," CESifo Working Paper Series 3468, CESifo.
- Shiell, Leslie & Lyssenko, Nikita, 2014.
"Climate policy and induced R&D: How great is the effect?,"
Energy Economics, Elsevier, vol. 46(C), pages 279-294.
- Leslie SHIELL & Nikita LYSSENKO, 2009. "Climate Policy and Induced R&D: How Great is the Effect?," EcoMod2009 21500084, EcoMod.
- Nikita Lyssenko & Leslie Shiell, 2014. "Climate Policy and Induced R&D: How Great is the Effect?," Working Papers E1405E, University of Ottawa, Department of Economics.
- Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2014. "Transition to clean capital, irreversible investment and stranded assets," Policy Research Working Paper Series 6859, The World Bank.
- Macdonald, Kevin & Patrinos, Harry Anthony, 2021.
"Education Quality, Green Technology, and the Economic Impact of Carbon Pricing,"
GLO Discussion Paper Series
955, Global Labor Organization (GLO).
- Macdonald,Kevin Alan David & Patrinos,Harry Anthony, 2021. "Education Quality, Green Technology, and the Economic Impact of Carbon Pricing," Policy Research Working Paper Series 9808, The World Bank.
- Macdonald, Kevin & Patrinos, Harry Anthony, 2021. "Education Quality, Green Technology, and the Economic Impact of Carbon Pricing," IZA Discussion Papers 14792, Institute of Labor Economics (IZA).
- Aalbers, Rob & Shestalova, Victoria & Kocsis, Viktória, 2013. "Innovation policy for directing technical change in the power sector," Energy Policy, Elsevier, vol. 63(C), pages 1240-1250.
- Elizabeth Baldwin, Yongyang Cai, Karlygash Kuralbayeva, 2018.
"To build or not to build? Capital stocks and climate policy,"
GRI Working Papers
290, Grantham Research Institute on Climate Change and the Environment.
- Elizabeth Baldwin & Yongyang Cai & Karlygash Kuralbayeva, 2018. "To Build or Not to Build? Capital Stocks and Climate Policy," CESifo Working Paper Series 6884, CESifo.
- Elizabeth Baldwin & Yongyang Cai & Karlygash Kuralbayeva, 2019. "To Build or not to Build? Capital Stocks and Climate Policy," OxCarre Working Papers 204, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- World Bank Group, 2018. "Strategic Use of Climate Finance to Maximize Climate Action," World Bank Publications - Reports 30475, The World Bank Group.
- Oskar Lecuyer & Adrien Vogt-Schilb, 2013.
"Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital,"
CIRED Working Papers
hal-00850680, HAL.
- Oskar Lecuyer & Adrien Vogt-Schilb, 2014. "Assessing and Ordering Investment in Polluting Fossil-fueled and Zero-carbon Capital," Policy Papers 2014.02, FAERE - French Association of Environmental and Resource Economists.
- Oskar Lecuyer & Adrien Vogt-Schilb, 2013. "Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital," Working Papers hal-00850680, HAL.
- Oskar Lecuyer & Adrien Vogt-Schilb, 2014. "Assessing and Ordering Investment in Polluting Fossil-fueled and Zero-carbon Capital," Working Papers 2014.05, FAERE - French Association of Environmental and Resource Economists.
- Oskar Lecuyer & Adrien Vogt-Schilb, 2013. "Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital," CIRED Working Papers hal-00866442, HAL.
- Oskar Lecuyer & Adrien Vogt-Schilb, 2013. "Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital," Working Papers hal-00866442, HAL.
- repec:spo:wpmain:info:hdl:2441/14g286e42n8bl9is6h16b18kes is not listed on IDEAS
- Vogt-Schilb, Adrien & Meunier, Guy & Hallegatte, Stephane, 2012.
"How inertia and limited potentials affect the timing of sectoral abatements in optimal climate policy,"
Policy Research Working Paper Series
6154, The World Bank.
- Guy Meunier, 2013. "How inertia and limited potentials affect the timing of sectoral abatements in optimal climate policy," Working Papers hal-02804651, HAL.
- Adrien Vogt-Schilb & Guy Meunier & Stéphane Hallegatte, 2012. "How inertia and limited potentials affect the timing of sectoral abatements in optimal climate policy," Post-Print hal-00722574, HAL.
- Zylicz, Tomasz, 2010. "Goals and Principles of Environmental Policy," International Review of Environmental and Resource Economics, now publishers, vol. 3(4), pages 299-334, May.
- Joseph E. Aldy & Alan J. Krupnick & Richard G. Newell & Ian W. H. Parry & William A. Pizer, 2010.
"Designing Climate Mitigation Policy,"
Journal of Economic Literature, American Economic Association, vol. 48(4), pages 903-934, December.
- Aldy, Joseph E. & Krupnick, Alan J. & Newell, Richard G. & Parry, Ian W.H. & Pizer, William A., 2009. "Designing Climate Mitigation Policy," RFF Working Paper Series dp-08-16, Resources for the Future.
- Joseph E. Aldy & Alan J. Krupnick & Richard G. Newell & Ian W.H. Parry & William A. Pizer, 2009. "Designing Climate Mitigation Policy," NBER Working Papers 15022, National Bureau of Economic Research, Inc.
- Schmidt, Robert C. & Marschinski, Robert, 2009. "A model of technological breakthrough in the renewable energy sector," Ecological Economics, Elsevier, vol. 69(2), pages 435-444, December.
- Lamperti, Francesco & Napoletano, Mauro & Roventini, Andrea, 2020.
"Green Transitions And The Prevention Of Environmental Disasters: Market-Based Vs. Command-And-Control Policies,"
Macroeconomic Dynamics, Cambridge University Press, vol. 24(7), pages 1861-1880, October.
- Francesco Lamperti & Mauro Napoletano & Andrea Roventini, 2019. "Green transitions and the prevention of environmental disasters: market based vs command-and-control policies," SciencePo Working papers Main hal-03403611, HAL.
- Francesco Lamperti & Mauro Napoletano & Andrea Roventini, 2019. "Green transitions and the prevention of environmental disasters: market based vs command-and-control policies," Post-Print hal-03403611, HAL.
- repec:hum:wpaper:sfb649dp2014-044 is not listed on IDEAS
- Robert Schmidt & Roland Strausz, 2015.
"On the Timing of Climate Agreements,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(3), pages 521-547, November.
- Schmidt, Robert C. & Strausz, Roland, 2014. "On the timing of climate agreements," SFB 649 Discussion Papers 2014-044, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Popp, David & Newell, Richard G. & Jaffe, Adam B., 2010.
"Energy, the Environment, and Technological Change,"
Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 873-937,
Elsevier.
- David Popp & Richard G. Newell & Adam B. Jaffe, 2009. "Energy, the Environment, and Technological Change," NBER Working Papers 14832, National Bureau of Economic Research, Inc.
- repec:hal:journl:hal-00850680 is not listed on IDEAS
- Anouk Faure & Marc Baudry, 2021.
"Technological Progress and Carbon Price Formation: an Analysis of EU-ETS Plants,"
Working Papers
hal-04159764, HAL.
- Marc Baudry & Anouk Faure, 2021. "Technological Progress and Carbon Price Formation: an Analysis of EU-ETS Plants," Working Papers 2021.10, FAERE - French Association of Environmental and Resource Economists.
- Anouk Faure & Marc Baudry, 2021. "Technological Progress and Carbon Price Formation: an Analysis of EU-ETS Plants," EconomiX Working Papers 2021-18, University of Paris Nanterre, EconomiX.
- Rob Aalbers & Victoria Shestalova & Viktoria Kocsis, 2012. "Innovation policy for directing technical change in the power sector," CPB Discussion Paper 223, CPB Netherlands Bureau for Economic Policy Analysis.
More about this item
Keywords
Time consistency; carbon tax; climate policy; R&D; endogenous technological change;
All these keywords.JEL classification:
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
- Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2010-08-21 (Energy Economics)
- NEP-ENV-2010-08-21 (Environmental Economics)
- NEP-INO-2010-08-21 (Innovation)
- NEP-MIC-2010-08-21 (Microeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:osloec:2010_002. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mari Strønstad Øverås (email available below). General contact details of provider: https://edirc.repec.org/data/souiono.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.