One-Parameter GHG Emission Policy with R&D-Based Growth

Tutkimustuotos: Artikkeli kirjassa/raportissa/konferenssijulkaisussaKirjan luku tai artikkeliTieteellinenvertaisarvioitu

Kuvaus

This document examines the GHG emission policy of regions which use land, labor and emitting inputs in production and enhance their productivity by devoting labor to R&D, but with different endowments and technology. The regions also have different impacts on global pollution. The problem is to organize common emission policy, if the regions cannot form a federation with a common budget and the policy parameters must be uniform for all regions. The results are the following. If a self-interested central planner allocates emission caps in fixed proportion to past emissions (i.e. grandfathering), then it establishes the Pareto optimum, decreasing emissions and promoting R&D and economic growth.
Alkuperäiskielienglanti
OtsikkoDynamic Optimization in Environmental Economics
ToimittajatElke Moser, Willi Semmler, Gernot Tragler, Vladimir M. Veliov
Sivumäärä16
JulkaisupaikkaBerlin
KustantajaSpringer-Verlag
Julkaisupäivä2014
Sivut111-126
ISBN (painettu)978-3-642-54085-1
ISBN (elektroninen)978-3-642-54086-8
DOI - pysyväislinkit
TilaJulkaistu - 2014
OKM-julkaisutyyppiA3 Kirjan tai muun kokoomateoksen osa

Julkaisusarja

NimiDynamic Modeling and Econometrics of Economics and Finance
Vuosikerta15
ISSN (painettu)1566-0419

Tieteenalat

  • 511 Kansantaloustiede
  • 111 Matematiikka

Lainaa tätä

Palokangas, T. (2014). One-Parameter GHG Emission Policy with R&D-Based Growth. teoksessa E. Moser, W. Semmler, G. Tragler, & V. M. Veliov (Toimittajat), Dynamic Optimization in Environmental Economics (Sivut 111-126). (Dynamic Modeling and Econometrics of Economics and Finance; Vuosikerta 15). Berlin: Springer-Verlag. https://doi.org/10.1007/978-3-642-54086-8
Palokangas, Tapio. / One-Parameter GHG Emission Policy with R&D-Based Growth. Dynamic Optimization in Environmental Economics. Toimittaja / Elke Moser ; Willi Semmler ; Gernot Tragler ; Vladimir M. Veliov. Berlin : Springer-Verlag, 2014. Sivut 111-126 (Dynamic Modeling and Econometrics of Economics and Finance).
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abstract = "This document examines the GHG emission policy of regions which use land, labor and emitting inputs in production and enhance their productivity by devoting labor to R&D, but with different endowments and technology. The regions also have different impacts on global pollution. The problem is to organize common emission policy, if the regions cannot form a federation with a common budget and the policy parameters must be uniform for all regions. The results are the following. If a self-interested central planner allocates emission caps in fixed proportion to past emissions (i.e. grandfathering), then it establishes the Pareto optimum, decreasing emissions and promoting R&D and economic growth.",
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Palokangas, T 2014, One-Parameter GHG Emission Policy with R&D-Based Growth. julkaisussa E Moser, W Semmler, G Tragler & VM Veliov (toim), Dynamic Optimization in Environmental Economics. Dynamic Modeling and Econometrics of Economics and Finance, Vuosikerta 15, Springer-Verlag, Berlin, Sivut 111-126. https://doi.org/10.1007/978-3-642-54086-8

One-Parameter GHG Emission Policy with R&D-Based Growth. / Palokangas, Tapio.

Dynamic Optimization in Environmental Economics. toim. / Elke Moser; Willi Semmler; Gernot Tragler; Vladimir M. Veliov. Berlin : Springer-Verlag, 2014. s. 111-126 (Dynamic Modeling and Econometrics of Economics and Finance; Vuosikerta 15).

Tutkimustuotos: Artikkeli kirjassa/raportissa/konferenssijulkaisussaKirjan luku tai artikkeliTieteellinenvertaisarvioitu

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T1 - One-Parameter GHG Emission Policy with R&D-Based Growth

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PY - 2014

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N2 - This document examines the GHG emission policy of regions which use land, labor and emitting inputs in production and enhance their productivity by devoting labor to R&D, but with different endowments and technology. The regions also have different impacts on global pollution. The problem is to organize common emission policy, if the regions cannot form a federation with a common budget and the policy parameters must be uniform for all regions. The results are the following. If a self-interested central planner allocates emission caps in fixed proportion to past emissions (i.e. grandfathering), then it establishes the Pareto optimum, decreasing emissions and promoting R&D and economic growth.

AB - This document examines the GHG emission policy of regions which use land, labor and emitting inputs in production and enhance their productivity by devoting labor to R&D, but with different endowments and technology. The regions also have different impacts on global pollution. The problem is to organize common emission policy, if the regions cannot form a federation with a common budget and the policy parameters must be uniform for all regions. The results are the following. If a self-interested central planner allocates emission caps in fixed proportion to past emissions (i.e. grandfathering), then it establishes the Pareto optimum, decreasing emissions and promoting R&D and economic growth.

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KW - 111 Mathematics

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Palokangas T. One-Parameter GHG Emission Policy with R&D-Based Growth. julkaisussa Moser E, Semmler W, Tragler G, Veliov VM, toimittajat, Dynamic Optimization in Environmental Economics. Berlin: Springer-Verlag. 2014. s. 111-126. (Dynamic Modeling and Econometrics of Economics and Finance). https://doi.org/10.1007/978-3-642-54086-8