February 14, 2010

Climate Policy, Technology Choice, and Multiple Equilibria in A Developing Economy

by Daiju Narita

- Control of carbon dioxide emissions in developing countries is becoming a key issue in the international climate policy. A critical element for achieving substantial emission reduction in those countries is the installment of new energy technologies. Drawing on the framework of poverty-trap models in development economics, we discuss how climate policy affects the transition of energy technologies in a developing economy.

Narita, D. (2010). "Climate Policy, Technology Choice, and Multiple Equilibria in A Developing Economy." Kiel Working Paper No. 1590, Jan 2010.