The Optimal Climate Policy Portfolio when Knowledge Spills Across Sectors
| dc.creator | Massetti, Emanuele | |
| dc.creator | Nicita, Lea | |
| dc.date | 2017-04-01T14:02:49Z | |
| dc.date.accessioned | 2026-07-09T05:17:53Z | |
| dc.description | This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy sector, we show that the combination between environmental and knowledge externalities provides a strong rationale for implementing a portfolio of policies for both emissions reduction and the internalisation of knowledge externalities. Moreover, we show that implementing technology policy as a substitute for stabilisation policy is likely to increase global emissions. | |
| dc.identifier | doi:10.22004/ag.econ.92912 | |
| dc.identifier | https://ageconsearch.umn.edu/record/92912/files/NDL2010-096.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/92912 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/561722 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/92912 | |
| dc.title | The Optimal Climate Policy Portfolio when Knowledge Spills Across Sectors | |
| dc.type | Text |