Carbon pricing, technology transition,and skill-based development


Loading...

Date

2019-09

Publication Type

Journal Article

ETH Bibliography

yes

Citations

Altmetric

Data

Abstract

We analyze the impact of carbon prices on human capital accumulation, sectoral change, and economic growth. In our framework output is produced with dirty and/or clean technologies using skilled and unskilled labor as inputs. Carbon policy affects technology selection which transmits incentives for human capital formation. We show that a temporary policy may be sufficient for a transition to a clean economy and that such a policy also stimulates economic growth. Moreover, in the presence of inter-country knowledge spillovers, a carbon policy in the North helps human capital formation in the South and induces South’s transition to the clean steady state.

Publication status

published

Editor

Book title

Volume

118

Pages / Article No.

252 - 269

Publisher

Elsevier

Event

Edition / version

Methods

Software

Geographic location

Date collected

Date created

Subject

Carbon pricing; Education; Clean and dirty technologies; Temporary policies

Organisational unit

03635 - Bretschger, Lucas (emeritus) / Bretschger, Lucas (emeritus) check_circle

Notes

Funding

Related publications and datasets

Is new version of: