Induced technological change with applications to modeling of climate-change policies
Abstract
This grant supported research on induced innovation in the energy sector and the implications of induced innovation for climate change and climate-change policy. The first part of the research investigated the impact of energy prices on inventive activity focusing on the energy sector. The purpose was to improve our understanding of the determinants of inventive activity and to examine a number of hypotheses and specifications of the relationship. The second part incorporated the theoretical specifications and empirical results of the first part into the DICE integrated assessment models of climate change. This resulted in a revised model, known as the ''R&DICE model,'' and the major results are forthcoming in Grubler, Nakicenovic, and Nordhaus (GNN), ''Induced Technological Change and the Environment, Resources for the Future'', Washington, D.C., 2002, in a chapter entitled, ''Modeling Induced Innovation in Climate-Change Policy.''
- Authors:
- Publication Date:
- Research Org.:
- Yale University, New Haven, CT (US)
- Sponsoring Org.:
- US Department of Energy (US)
- OSTI Identifier:
- 771256
- DOE Contract Number:
- FG02-96ER62283
- Resource Type:
- Technical Report
- Resource Relation:
- Other Information: PBD: 1 Apr 2002; PBD: 1 Apr 2002
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 29 ENERGY PLANNING, POLICY AND ECONOMY; 54 ENVIRONMENTAL SCIENCES; CLIMATES; FOCUSING; PRICES; SIMULATION; SPECIFICATIONS
Citation Formats
Nordhaus, Wiliam D. Induced technological change with applications to modeling of climate-change policies. United States: N. p., 2002.
Web. doi:10.2172/771256.
Nordhaus, Wiliam D. Induced technological change with applications to modeling of climate-change policies. United States. https://doi.org/10.2172/771256
Nordhaus, Wiliam D. 2002.
"Induced technological change with applications to modeling of climate-change policies". United States. https://doi.org/10.2172/771256. https://www.osti.gov/servlets/purl/771256.
@article{osti_771256,
title = {Induced technological change with applications to modeling of climate-change policies},
author = {Nordhaus, Wiliam D},
abstractNote = {This grant supported research on induced innovation in the energy sector and the implications of induced innovation for climate change and climate-change policy. The first part of the research investigated the impact of energy prices on inventive activity focusing on the energy sector. The purpose was to improve our understanding of the determinants of inventive activity and to examine a number of hypotheses and specifications of the relationship. The second part incorporated the theoretical specifications and empirical results of the first part into the DICE integrated assessment models of climate change. This resulted in a revised model, known as the ''R&DICE model,'' and the major results are forthcoming in Grubler, Nakicenovic, and Nordhaus (GNN), ''Induced Technological Change and the Environment, Resources for the Future'', Washington, D.C., 2002, in a chapter entitled, ''Modeling Induced Innovation in Climate-Change Policy.''},
doi = {10.2172/771256},
url = {https://www.osti.gov/biblio/771256},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Mon Apr 01 00:00:00 EST 2002},
month = {Mon Apr 01 00:00:00 EST 2002}
}