Induced Technological Change Under Carbon Taxes

Induced technological change under carbon taxes

We study changes in fossil fuel and non-fossil energy use and carbon dioxide emissions induced by carbon taxes. We develop a partial energy equilibrium model with capital and labor as production factors, and endogenous technological change through learning by doing and learning through research, distinguishing between private and public innovations. Our model reproduces the learning curves typi...

Energy taxes and endogenous technological change (Running Title: Energy taxes)

This paper studies the effects of a tax on energy use in a growth model where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between TFP growth and aggregate R&D), the tax has no effect on the steady-state growth rate. It has, however, important transitional effects that giv...

Energy taxes and endogenous technological change

This paper studies the effects of a tax on energy use in a growth model where market structure is endogenous and jointly determined with the rate of technological change. Because this economy does not exhibit the scale effect (a positive relation between TFP growth and aggregate R&D), the tax has no effect on the steady-state growth rate. It has, however, important transitional effects that giv...

Climate change. Carbon trading over taxes.

, 1670 (2007); 315 Science et al. William Chameides, CLIMATE CHANGE: Carbon Trading Over Taxes www.sciencemag.org (this information is current as of March 23, 2007 ): The following resources related to this article are available online at http://www.sciencemag.org/cgi/content/full/315/5819/1670 version of this article at: including high-resolution figures, can be found in the online Updated inf...

Trade and Carbon Taxes