Technological uncertainty and cost effectiveness of CO2 emission reduction

Energy Economics

Volumn 31, Issue SUPPL. 1, 2009, Pages

  Löschel, Andreas ^a   Otto, Vincent M ^a  

^a CENTRE FOR EUROPEAN ECONOMIC RESEARCH ZEW   (Germany)

Author keywords

CO2 capture and storage; Computable general equilibrium modeling; Directed technical change; Emission reduction; Technological uncertainty

Indexed keywords

CO2 CAPTURE AND STORAGE; COMPUTABLE GENERAL EQUILIBRIUM MODELING; DIRECTED TECHNICAL CHANGE; EMISSION REDUCTION; TECHNOLOGICAL UNCERTAINTY;

COST ACCOUNTING; COST EFFECTIVENESS; SILVER;

TECHNOLOGY;

CARBON DIOXIDE; CARBON EMISSION; CARBON SEQUESTRATION; COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS; EMISSION CONTROL; POLLUTION POLICY; TECHNOLOGICAL CHANGE; UNCERTAINTY ANALYSIS;

EID: 67649404688     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2008.11.008     Document Type: Article

References (52)

1. Acemoglu D. Directed technical change. The Review of Economic Studies 69 4 (2002) 781-809
2. Armington P.S. A theory of demand for products distinguished by place of production. IMF Staff Papers 16 (1969) 159-178
3. Aronsson T. Green taxes and uncertain timing of technological change. Resource and Energy Economics 23 1 (2001) 41-62
4. Arrow K.J. The economic implications of learning by doing. The Review of Economic Studies 29 3 (1962) 155-173
5. Beaudry P., and van Wincoop E. The intertemporal elasticity of substitution: an exploration using a U.S. Panel of state data. Economica 63 251 (1996) 495-512
6. Bhattacharya G. Optimal resource extraction and uncertainty about new technology. Journal of Environmental Economics and Management 11 1 (1984) 39-54
7. Böhringer, C., Hoffmann, T., Löschel, A., 2003. Dismantling nuclear power in Europe: macroeconomic and environmental impacts. ZEW Discussion Paper 03-15. Centre for European Economic Research, Mannheim.
8. Bosetti, V., Tavoni, M., 2007. Uncertain R&D, backstop technology and GHGs stabilization. FEEM Nota di Lavore 6.07, Milan. Forthcoming in this issue of Energy Economics.
9. Bramoullé Y., and Olson L.J. Allocation of pollution abatement under learning by doing. Journal of Public Economics 89 9-10 (2005) 1935-1960
10. Coe D.T., and Helpman E. International R&D spillovers. European Economic Review 39 5 (1995) 859-887
11. 2 capture and storage. Part A: review and selection of promising conversion and capture technologies. Progress in Energy and Combustion Science 32 2 (2006) 215-246
12. Dasgupta P., and Heal G. The optimal depletion of exhaustible resources. The Review of Economic Studies 41 (1974) 3-28
13. Dasgupta P., and Stiglitz J. Resource depletion under technological uncertainty. Econometrica 49 1 (1981) 85-104
14. de Haan M., and van Rooijen-Horsten M. Knowledge indicators based on satellite accounts. Final Report for NESIS - Work Package 5.1. Statistics Netherlands, Den Haag (2004)
15. Ferris M.C., and Munson T.S. Complementarity problems in GAMS and the PATH solver. Journal of Economic Dynamics and Control 24 2 (2000) 165-188
16. Gerlagh R. A climate-change policy induced shift from innovations in carbon-energy production to carbon-energy savings. Energy Economics 30 2 (2008) 425-448
17. 2 emissions: carbon dioxide capture or renewables, taxes or subsidies?. The Energy Journal 27 3 (2006) 25-48
18. 2 taxes in an economy with niche markets and learning-by-doing. Environmental and Resource Economics 28 3 (2004) 367-394
19. Geroski P.A. Models of technology diffusion. Research Policy 29 4-5 (2000) 603-625
20. 2 abatement policies. Resource and Energy Economics 21 3-4 (1999) 211-253
21. Hall R.E. Intertemporal substitution in consumption. Journal of Political Economy 96 2 (1988) 339-357
22. Hung N.M., and Quyen N.V. On R&D timing under uncertainty: the case of exhaustible resource substitution. Journal of Economic Dynamics & Control 17 5-6 (1993) 971-991
23. Intergovernmental Panel on Climate Change (IPCC). Carbon Dioxide Capture and Storage (2005), Cambridge University Press, Cambridge, UK
24. Intergovernmental Panel on Climate Change (IPCC). Fourth Assessment Report: Climate Change 2007 (2007), Cambridge University Press, Cambridge, UK
25. International Energy Agency (IEA). Electric Power Technology Opportunities and Challenges of Companies (1999), Paris
26. Jones C.I., and Williams J.C. Measuring the social return to R&D. The Quarterly Journal of Economics 113 4 (1998) 1119-1135
27. Just R.E., Netanyahu S., and Olson L.J. Depletion of natural resources, technological uncertainty, and the adoption of technological substitutes. Resource & Energy Economics 27 2 (2005) 91-108
28. Kamien M.I., and Schwartz N.L. Optimal exhaustible resource depletion with endogenous technical change. The Review of Economic Studies 45 1 (1978) 179-196
29. Koch W.W.R., van Harmelen A.K., Coenen P.W.H.G., and van Grootveld G. Emission monitor for the Netherlands. Environmental Monitor vol. 5 (2002), Inspectorate for Environmental Protection, Den Haag
30. Lau M.I., Pahlke A., and Rutherford T.F. Approximating infinite-horizon models in a complementarity format: a primer in dynamic general equilibrium analysis. Journal of Economic Dynamics and Control 26 4 (2002) 577-609
31. Mansfield E., Rapoport J., Romeo A., Wagner S., and Beardsley G. Social and private rates of return from industrial innovations. The Quarterly Journal of Economics 91 2 (1977) 221-240
32. McFarland J.R., Reilly J.M., and Herzog H.J. Representing energy technologies in top-down economic models using bottom-up information. Energy Economics 26 4 (2004) 685-707
33. Nordhaus W.D. The allocation of energy resources. Brookings Papers on Economic Activity 1973 3 (1973) 529-576
34. Organisation for Economic Co-operation and Development (OECD). Proposed Standard Practice for Surveys on Research and Experimental Development (Frascati manual) (2002), Paris
35. 2 capture and storage. Energy Economics 30 6 (2008) 2879-2898
36. Otto V.M., Löschel A., and Dellink R.B. Energy biased technical change: a CGE analysis. Resource and Energy Economics 29 2 (2007) 137-158
37. Otto V.M., Löschel A., and Reilly J.M. Directed technical change and differentiation of climate policy. Energy Economics 30 6 (2008) 2855-2878
38. Pakes A., and Schankerman M. The rate of obsolescence of knowledge, research gestation lags, and the private rate of return to research resources. NBER Working Paper 346 (1979) Cambridge, MA
39. Paltsev S., and Rutherford T.F. GTAP-Energy in GAMS: the dataset and static model. Department of Economics Working Paper 00-02 (2000), University of Colorado, Boulder
40. Popp D. ENTICE: endogenous technological change in the DICE model of global warming. Journal of Environmental Economics and Management 48 1 (2004) 742-768
41. Popp D. ENTICE-BR: the effects of backstop technology R&D on climate policy models. Energy Economics 28 2 (2006) 188-222
42. van Pottelsberghe de la Potterie B. Issues in assessing the impact of interindustry R&D spillovers. Economic Systems Research 9 4 (1997) 331-356
43. Rivera-Batiz L.A., and Romer P.M. Economic integration and endogenous growth. The Quarterly Journal of Economics 106 2 (1991) 531-555
44. Romer P.M. Increasing returns and long-run growth. Journal of Political Economy 94 (1986) 1002-1037
45. Rosendahl K.E. Cost-effective environmental policy: implications of induced technological change. Journal of Environmental Economics and Management 48 3 (2004) 1099-1121
46. Rutherford T.F. Applied general equilibrium modeling with MPSGE as a GAMS subsystem: an overview of the modeling framework and syntax. Computational Economics 14 1-2 (1999) 1-46
47. Scherer F.M. Inter-industry technology flows and productivity growth. The Review of Economics and Statistics 64 4 (1982) 627-634
48. Statistics Netherlands. Tax incidence in the Netherlands: accounting and simulations. Statistics Netherlands Report M42 (1990), SDU Publishers, Den Haag
49. Statistics Netherlands. Nationale rekeningen 1999 (2000) Voorburg
50. Sue Wing I. Representing induced technological change in models for climate policy analysis. Energy Economics 28 5-6 (2006) 539-562
51. Terleckyj N. Effects of R&D on Productivity Growth of Industries: An Exploratory Study (1974), National Planning Association, Washington D.C.
52. Tsur Y., and Zemel A. Scarcity, growth and R&D. Journal of Environmental Economics and Management 49 3 (2005) 484-499