Uncertainty and endogenous technical change in climate policy models

被引:38
作者
Baker, Erin [1 ]
Shittu, Ekundayo [1 ]
机构
[1] Univ Massachusetts, Elab 220, Amherst, MA 01003 USA
关键词
Uncertainty; Climate change; Technology R&D; Environmental policy;
D O I
10.1016/j.eneco.2007.10.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Until recently endogenous technical change and uncertainty have been modeled separately in climate policy models. In this paper, we review the emerging literature that considers both these elements together. Taken as a whole the literature indicates that explicitly including uncertainty has important quantitative and qualitative impacts on optimal climate change technology policy. (c) 2007 Elsevier B.V. All rights reserved.
引用
收藏
页码:2817 / 2828
页数:12
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