Technology diffusion under contraction and convergence: A CGE analysis of China
Abstract
This paper introduces a mechanism of international technology diffusion via FDI and imports into recursive-dynamic CGE modeling for climate policy analysis. As a novel feature, the mechanism distinguishes spillovers from foreign do domestic capital within sectors and across sectors within the production chain. The paper applies the mechanism to the analysis of a contraction and convergence type climate policy focusing on China. The mechanism of international technology diffusion leads to an increase in China's energy productivity an a decline in China's economic growth rates in a convergence process. In this case, inter-regional emissions trading could (more than) compensate China's welfare losses due to climate policy. Otherwise, China's welfare losses due to climate policy could be significant.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Energy Economics.
Volume (Year): 33 (2011)
Issue (Month): 1 (January)
Pages: 131-142
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Web page: http://www.elsevier.com/locate/eneco
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Keywords: Technology diffusion Technology transfer Climate policy Trade FDI China;References
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Qin Bao & Ling Tang & ZhongXiang Zhang & Han Qiao & Shouyang Wang, 2011.
"Impacts of Border Carbon Adjustments on China’s Sectoral Emissions: Simulations with a Dynamic Computable General Equilibrium Model,"
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2011.93, Fondazione Eni Enrico Mattei.
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- Qin Bao & Ling Tang & Zhongxiang Zhang & Han Qiao & Shouyang Wang, 2012. "Impacts of border carbon adjustments on China's sectoral emissions: simulations with a dynamic computable general equilibrium model," CCEP Working Papers 1202, Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University.
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Elsevier, vol. 55(C), pages 190-207.
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