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Registros recuperados: 10 | |
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Gerlagh, Reyer; Mathys, Nicole A.. |
We study the effect of countries’ energy abundance on trade and sector activity, conditional on sector’s energy intensity, using an unbalanced panel with 14 high-income countries from Europe, America and Asia, 10 broad sectors, and years 1970-1997. We find that (i) countries with large energy endowments have low energy prices, and are thus energy abundant both on micro and macro level. (ii) Energy abundant countries have a high level of energy embodied in exports relative to imports. (iii) Energy intensive sectors export from and (iv) have higher economic activity in energy abundant countries. (v) The trade and location effects increase with a sector’s exposure to international trade. In short, energy is a major driver for sector location through... |
Tipo: Working or Discussion Paper |
Palavras-chave: Trade and the Environment; Pollution Haven; Factor Endowments; Industry Location; Resource /Energy Economics and Policy; Q56. |
Ano: 2011 |
URL: http://purl.umn.edu/99639 |
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Gerlagh, Reyer; Kverndokk, Snorre; Rosendahl, Knut Einar. |
This paper addresses the timing and interdependence between innovation and environmental policy in a model of research and development (R&D). On a first-best path the environmental tax is set at the Pigouvian level, independent of innovation policy. With infinite patent lifetime, the R&D subsidy should be constant and independent of the state of the environment. However, with finite patent lifetime, optimal innovation policy depends on the stage of the environmental problem. In the early stages of an environmental problem, abatement research should be subsidized at a high level and this subsidy should fall monotonically over time to stimulate initial R&D investments. Alternatively, with a constant R&D subsidy, patents’ length should... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Policy; Research and Development; Innovation Subsidies; Patents; H21; O30; Q42. |
Ano: 2008 |
URL: http://purl.umn.edu/37847 |
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Gerlagh, Reyer; Kuik, Onno. |
In this paper we study the effect of international technology spillovers on carbon leakage. We first develop and analyse two simple competing models for carbon leakage. The first model represents the pollution haven hypothesis. It focuses on the international competition between firms that produce energy-intensive goods. The second model highlights the role of a globally integrated carbon-energy market. We calculate formulas for the leakage rates in both models and, through meta-analysis, show that the second model captures best the major mechanisms reported in the CGE literature on carbon leakage. We extend this model with endogenous energy-saving technology and international technology spillovers. This feature is shown to decrease carbon leakage. We... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon-Leakage; Climate Policy; Induced Technological Change; Trade and Environment; Environmental Economics and Policy; F18; O39; Q25; Q4. |
Ano: 2007 |
URL: http://purl.umn.edu/9328 |
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Gerlagh, Reyer. |
We assess the effect of ITC in a global growth model, DEMETER-1CCS, with learning by doing where energy savings, an energy transition, and carbon capturing and sequestration (CCS) are the main options for emissions reductions. The model accounts for technology based on learning by doing embodied in capital installed in previous periods. We have run five scenarios, one baseline scenario in which climate change policy is assumed absent, and four stabilization scenarios in which atmospheric CO2 concentrations are stabilized at 550, 500, 450, and 400 ppmv. We find that the timing of emission reductions and the investment strategy is relatively independent of the endogeneity of technological change. The vintages structure of production is more important. But... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/12024 |
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Gerlagh, Reyer. |
Fear for oil exhaustion and its consequences on economic growth has been a driver of a rich literature on exhaustible resources from the 1970s onwards. But our view on oil has remarkably changed and we now worry how we should constrain climate change damages associated with oil and other fossil fuel use. In this climate change debate, economists have pointed to a green paradox: when policy makers stimulate the development of non-carbon energy sources to (partly) replace fossil fuels in the future, oil markets may anticipate a future reduction in demand and increase current supply. The availability of ‘green’ technologies may increase damages. The insight comes from the basic exhaustible resource model. We reproduce the green paradox and to facilitate... |
Tipo: Working or Discussion Paper |
Palavras-chave: Green Paradox; Climate Change; Exhaustible Resources; Fossil Fuels; Resource /Energy Economics and Policy; Q31; Q54. |
Ano: 2010 |
URL: http://purl.umn.edu/59419 |
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Papyrakis, Elissaios; Gerlagh, Reyer. |
Recent research has emphasized the influence of colonization on the institutional development and economic performance in former European colonies. Where European colonizers settled, they replicated the investment-conducive institutions found at home. It has been argued that a harsh disease environment and a highly urbanized native population worked against colonization. We show evidence for another significant element explaining the endogenous character of colonization strategies and the formation of institutions. We find the presence of precious metals, gold and silver, to imply an increase in settlements, and an improvement in institutional quality, even when correcting for settlements. Highly valued gold and silver reserves attracted Europeans in large... |
Tipo: Working or Discussion Paper |
Palavras-chave: Community/Rural/Urban Development. |
Ano: 2005 |
URL: http://purl.umn.edu/12211 |
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Registros recuperados: 10 | |
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