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Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Climate Change Mitigation with Technology Spillovers
AU - Foucart, R.
AU - Garsous, G.
N1 - The final publication is available at Springer via https://doi.org/10.1007/s10640-017-0170-3
PY - 2018/10/1
Y1 - 2018/10/1
N2 - We explore the implications of an increase in clean technology spillovers between developed and developing countries. We build a game of abatements in which players are linked with technology spillovers determined by an initial choice of absorptive capacities by developing countries. We show that, within a non-cooperative framework, the response of clean technology investments in developed countries to an increase in cross-country technology spillovers is ambiguous. If the marginal benefits of these additional abatements are not sufficiently high, developed countries have a strategic incentive to decrease investments. Such a strategic response jeopardizes the initial effects of an increase in technology spillovers on climate change mitigation and decreases the incentives for developing countries to enhance their absorptive capacities. © 2017, Springer Science+Business Media B.V.
AB - We explore the implications of an increase in clean technology spillovers between developed and developing countries. We build a game of abatements in which players are linked with technology spillovers determined by an initial choice of absorptive capacities by developing countries. We show that, within a non-cooperative framework, the response of clean technology investments in developed countries to an increase in cross-country technology spillovers is ambiguous. If the marginal benefits of these additional abatements are not sufficiently high, developed countries have a strategic incentive to decrease investments. Such a strategic response jeopardizes the initial effects of an increase in technology spillovers on climate change mitigation and decreases the incentives for developing countries to enhance their absorptive capacities. © 2017, Springer Science+Business Media B.V.
KW - Abatements
KW - Climate change
KW - Cross-country spillovers
KW - Technology investments
KW - Developing countries
KW - Economic and social effects
KW - Environmental technology
KW - Investments
KW - Absorptive capacity
KW - Clean technologies
KW - Climate change mitigation
KW - Developed countries
KW - Technology spillovers
KW - abatement cost
KW - cleanup
KW - climate change
KW - developing world
KW - environmental economics
KW - environmental technology
KW - investment
KW - mitigation
KW - spillover effect
U2 - 10.1007/s10640-017-0170-3
DO - 10.1007/s10640-017-0170-3
M3 - Journal article
VL - 71
SP - 507
EP - 527
JO - Environmental and Resource Economics
JF - Environmental and Resource Economics
SN - 0924-6460
IS - 2
ER -