National Technical Reports Library

The National Technical Information Service acquires, indexes, abstracts, and archives the largest collection of U.S. government-sponsored technical reports in existence. The NTRL offers online, free and open access to these authenticated government technical reports. Technical reports and documents in its repository may be available online for free either from the issuing federal agency, the U.S. Government Publishing Office’s Federal Digital System website, or through search engines.

Details

Carbon Policy and Technical Change: Market Structure, Increasing Returns, and Secondary Benefits.

DE2005824892

Publication Date	2001
Personal Author	Peretto, P.
Page Count	66
Abstract	An economic evaluation of the impact of policies intended to control emissions of CO2 and other greenhouse gases (GHGS) depends on the net costs of these controls and their distribution throughout the production sectors of developed and developing economies. The answers derived from appraisals of these net costs, in turn, stem from what is assumed about the timing of the controls, the pace of technological change, and any short-term secondary benefits from their control. Most economic analysis of climate policy has focused on the costs of control. There have only been a few serious attempts to estimate the economic benefits from policies associated with such long run outcomes. All of the approaches to date have made fairly strong assumptions or relied on contingent valuation estimates of hypothetical situations. While each approach offers the potential to provide information to the policymaking process, they have not to date had a marked impact on the framing of climate policy. Equally important and relevant to the design of our research is the recognition in modem economic analysis that the direction and pace of technical change, like other production activities, responds to incentives. Nonetheless, despite extensive research that measures and accounts for the effects of technological change on the relative usage of production inputs and the changing pattern of productivity and costs, we know little about how the process actually proceeds.
Keywords	Carbon dioxide Environmental effects Economic policy Greenhouse gases Climates Emission Market Distribution Benefits Production Economic analysis Productivity Costs Evaluation
Source Agency	Technical Information Center Oak Ridge Tennessee
Corporate Authors	Duke Univ., Durham, NC. Dept. of Economics.; Department of Energy, Washington, DC.; North Carolina State Univ. at Raleigh. Dept. of Agricultural and Resource
Supplemental Notes	Prepared in cooperation with North Carolina State Univ. at Raleigh. Dept. of Agricultural and Resource Economics. Sponsored by Department of Energy, Washington, DC.
Document Type	Technical Report
NTIS Issue Number	200601

Carbon Policy and Technical Change: Market Structure, Increasing Returns, and Secondary Benefits.

Carbon Policy and Technical Change: Market Structure, Increasing Returns, and Secondary Benefits.
DE2005824892

Publication Date	2001
Personal Author	Peretto, P.
Page Count	66
Abstract	An economic evaluation of the impact of policies intended to control emissions of CO2 and other greenhouse gases (GHGS) depends on the net costs of these controls and their distribution throughout the production sectors of developed and developing economies. The answers derived from appraisals of these net costs, in turn, stem from what is assumed about the timing of the controls, the pace of technological change, and any short-term secondary benefits from their control. Most economic analysis of climate policy has focused on the costs of control. There have only been a few serious attempts to estimate the economic benefits from policies associated with such long run outcomes. All of the approaches to date have made fairly strong assumptions or relied on contingent valuation estimates of hypothetical situations. While each approach offers the potential to provide information to the policymaking process, they have not to date had a marked impact on the framing of climate policy. Equally important and relevant to the design of our research is the recognition in modem economic analysis that the direction and pace of technical change, like other production activities, responds to incentives. Nonetheless, despite extensive research that measures and accounts for the effects of technological change on the relative usage of production inputs and the changing pattern of productivity and costs, we know little about how the process actually proceeds.
Keywords	Carbon dioxide Environmental effects Economic policy Greenhouse gases Climates Emission Market Distribution Benefits Production Economic analysis Productivity Costs Evaluation
Source Agency	Technical Information Center Oak Ridge Tennessee
Corporate Authors	Duke Univ., Durham, NC. Dept. of Economics.; Department of Energy, Washington, DC.; North Carolina State Univ. at Raleigh. Dept. of Agricultural and Resource
Supplemental Notes	Prepared in cooperation with North Carolina State Univ. at Raleigh. Dept. of Agricultural and Resource Economics. Sponsored by Department of Energy, Washington, DC.
Document Type	Technical Report
NTIS Issue Number	200601