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Technology Spillovers and Stability of International Climate Coalitions AgEcon
Nagashima, Miyuki; Dellink, Rob B..
Cooperation in international environmental agreements appears difficult to attain because of strong free-riding incentives. This paper explores how different technology spillover mechanisms among regions can influence the incentive structures to join and stabilise an international agreement. We use an applied modelling framework (STACO) that enables us to investigate stability of partial climate coalitions. Technology spillovers to coalition members increase their incentives to stay in the coalition and reduce abatement costs, which leads to larger global payoffs and a lower global CO2 stock. Several theories on the impact of technology spillovers are evaluated by simulating a range of alternative specifications. We find that while spillovers are a good...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change Modelling; International Environmental Agreements; Non-cooperative Game Theory; Technology Spillovers; Environmental Economics and Policy; C72; O33; Q54.
Ano: 2007 URL: http://purl.umn.edu/7442
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