Abstract

http://ssrn.com/abstract=2378201
 


 



Technology Transfers for Climate Change


May Elsayyad


Max Planck Institute for Tax Law and Public Finance; Ludwig-Maximilians-Universität München - Munich Graduate School of Economics (MGSE)

Florian Morath


Max Planck Institute for Tax Law and Public Finance

December 30, 2013

CESifo Working Paper Series No. 4521

Abstract:     
This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the public good is costly because of irreversible damages. We show that, when all countries have access to the new technology, countries have an incentive to invest in technology because this can lead to an earlier contribution of other countries and therefore reduce a country’s burden of contributing to the public good. Our results provide a rationale for the support of technology sharing initiatives.

Number of Pages in PDF File: 39

Keywords: private provision of public goods, environmental public goods, technology sharing, uncertainty, irreversibility

JEL Classification: H410, Q520, D620, D830, F530

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Date posted: January 13, 2014  

Suggested Citation

Elsayyad, May and Morath, Florian, Technology Transfers for Climate Change (December 30, 2013). CESifo Working Paper Series No. 4521. Available at SSRN: http://ssrn.com/abstract=2378201

Contact Information

May Elsayyad
Max Planck Institute for Tax Law and Public Finance ( email )
Marstallplatz 1
Munich, 80539
Germany
Ludwig-Maximilians-Universität München - Munich Graduate School of Economics (MGSE)
Kaulbachstrasse 45
München, 80539
Germany
Florian Morath (Contact Author)
Max Planck Institute for Tax Law and Public Finance ( email )
Marstallplatz 1
Munich, 80539
Germany
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