Search results for "technology spillovers"

Economic analysis of the international cooperation to face global environmental problems

2013

Because of the doubts about the effectiveness of the Kyoto Protocol, several scholars have asked whether other types of agreements can be designed to achieve large reductions of GHG emissions. Designing a profitable and stable international environmental agreement (IEA) that deals with the shortcomings of Kyoto-type agreement is the main motivation of this work. One idea would be to focus on technology improvements in order to reduce abatement costs, as this might increase a country's willingness to undertake significant emission reductions. For example, it could be beneficial to supplement a Kyoto-type agreement with technology elements if technological development depends not only on a co…