Climate modelling and policy strategies. The role of technical change and uncertainty

Carlo Carraro (ccarraro@unive.it) and Jc Hourcade
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Jc Hourcade: CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper provides a brief outline of the most recent advances of economic-environmental quantitative modelling. After having described some of the most relevant methodological approaches, the paper focuses on the drawbacks of present models and outlines directions for modelling improvements. Two methodological issues are emphasised: the treatment of uncertainty and the endogenisation of technical progress. The paper describes how recent works, particularly those included in this special issue, tackle these two important problems and which solutions, albeit preliminary, have recently been proposed. It is also stressed how results achieved with models where uncertainty and technical change are adequately dealt with largely differ from those obtained from traditional models. (C) 1998 Elsevier Science B.V. All rights reserved.

Date: 1998
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Citations: View citations in EconPapers (17)

Published in Energy Economics, 1998, 20 (41065), pp.463

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00716515

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