INDUCED TECHNICAL CHANGE AND INTERNATIONAL AGREEMENTS UNDER GREENHOUSE WARMING

Authors
XEPAPADEAS A
Citation
A. Xepapadeas, INDUCED TECHNICAL CHANGE AND INTERNATIONAL AGREEMENTS UNDER GREENHOUSE WARMING, Resource and energy economics, 17(1), 1995, pp. 1-23
Citations number
37
Categorie Soggetti
Environmental Studies",Economics
Journal title
Resource and energy economics → ACNP
ISSN journal
09287655
Volume
17
Issue
1
Year of publication
1995
Pages
1 - 23
Database
ISI
SICI code
0928-7655(1995)17:1<1:ITCAIA>2.0.ZU;2-2
Abstract
The effects of induced fossil fuel augmenting technical change on the global environmental problems associated with the greenhouse effect ar e examined. The problem is analyzed in a differential games framework. Solution concepts corresponding to open loop Nash equilibrium and fee dback Nash equilibrium are examined and compared to the internationall y global optimum. Policies in the form of countries' commitment to ent er into agreements to contribute resources to global R&D on internatio nal tax/subsidy schemes are discussed.